Question

Following are the functions of the Reserve Bank of India (RB

Q: Answer-Following are the functions of the Reserve Bank of India (RBI) except?

An uniform rate cannot be maintained throughout the country as the money value and demand of money keeps on changing so the rate also gets changed according to it.

I except?

A Regulation and supervision of the banking and non-banking financial institutions, including credit information companies

B Regulation of money, Forex and government securities markets as also certain financial derivatives

C Maintaining a uniform rate of interest throughout the country

D Foreign exchange management—current and capital account management

E All are functions of RBI

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Following are the functions of the Reserve Bank of India (RB

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