Question

Section 49 of the RBI Act, 1934 requires the Bank to make public from time to time the standard rate at which it is prepared to do what?

A Accept deposits from scheduled banks
B Sell foreign exchange to authorised persons
C Lend to the Central Government
D Issue new bank notes
E Buy or re-discount bills of exchange or other commercial paper
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RBI Grade B 2026 Phase 1 Memory Based Paper
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