6 Questions
What institution has the right to print Indian currency?
Reserve Bank of India
What is the function of the Reserve Bank of India as a banker to the government?
Managing government's accounts and providing financial advice
What is one of the important functions of the Reserve Bank of India?
Controlling credit and currency supply
What are non-banking financial institutions mentioned in the text?
Financial institutions other than traditional banks
What are the two types of financial institutions mentioned in the text?
Banks and non-banking financial institutions
What do financial institutions facilitate according to the text?
Formal transactions like deposits
Test your knowledge of the functions of the Reserve Bank of India, including its authority to print and control the circulation of Indian currency. Explore the important roles and responsibilities of the central bank through this quiz.
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