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    Question

    Which of the following is not the work of

    RBI?
    A Credit controller Correct Answer Incorrect Answer
    B Bank of the banks Correct Answer Incorrect Answer
    C Custodian of foreign currency Correct Answer Incorrect Answer
    D Allocating funds directly to the farmers for agricultural development Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    RBI allocates funds to NABARD for agricultural development. NABARD further allocates funds to farmers for agricultural development through rural banks and commercial banks.

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