The functions of the Reserve Bank of India are: 1. issuing all notes and coins 2. distributing all notes and coins

Question

The functions of the Reserve Bank of India are:

1. issuing all notes and coins

2. distributing all notes and coins

3. formulating monetary policy

4. acting as agent of Government in respect of India'* membership of the IMF

(a) 1, 3 and 4

(b) 2 and 3

(c) 2, 3 and 4

(d) 1, 2, 3 and 4

Answer 1

The correct option is: (c) 2, 3 and 4