Question

Under Section 20 of the RBI Act, 1934, the Bank is obliged to undertake which of the following on behalf of the Central Government?

A To regulate all scheduled banks
B To issue all forms of coin
C To collect all taxes due to the Government
D To audit the accounts of the Government
E To accept monies, make payments and manage the public debt of the Union
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RBI Grade B 2026 Phase 1 Memory Based Paper
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