मराठी

Which of these is the apex bank of the Indian Banking System? - Economic Applications

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प्रश्न

Which of these is the apex bank of the Indian Banking System?

पर्याय

  • State Bank of India

  • Central Bank of India

  • Reserve Bank of India

  • Canara Bank

MCQ

उत्तर

Reserve Bank of India

Explanation:

The Reserve Bank of India is the country's central bank. It regulates the country's money supply and credit, as well as the country's monetary policy and banking system. It is responsible for the economy's well-being and has the sole authority to issue money.

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Central Bank: Functions
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2021-2022 (April) Set 1
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