The central bank of India is known as? [#910] | SPPMMC

The central bank of India is known as? [#910]

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Q1. The central bank of India is known as?
Q1. The central bank of India is known as?

(A) State Bank of India
(A) State Bank of India
(B) Central Bank of India
(B) Central Bank of India
(C) Reserve Bank of India
(C) Reserve Bank of India
(D) Bank of India
(D) Bank of India
Answer: (C) Reserve Bank of India
Answer: (C) Reserve Bank of India
The Reserve Bank of India (RBI) is the central bank of India. The RBI is responsible for maintaining monetary stability, managing the currency, and supervising the financial and payments systems. The RBI also regulates the country's currency and credit systems, and sets the overnight interbank lending rate.
The Reserve Bank of India (RBI) is the central bank of India. The RBI is responsible for maintaining monetary stability, managing the currency, and supervising the financial and payments systems. The RBI also regulates the country's currency and credit systems, and sets the overnight interbank lending rate.

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2024-03-03

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