RBI Functions and Responsibilities Quiz
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Questions and Answers

Which of the following is a major function of RBI?

  • Conducting monetary policy (correct)
  • Regulating telecommunications industry
  • Overseeing environmental regulations
  • Managing transportation infrastructure
  • What does RBI stand for?

  • Real Business Intelligence
  • Retail Banking Institution
  • Rapid Business Innovation
  • Reserve Bank of India (correct)
  • What is the primary responsibility of RBI in relation to commercial banks?

  • Setting up their IT systems
  • Supervising and regulating them (correct)
  • Auditing their marketing strategies
  • Issuing driving licenses to bank employees
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