Question

    Which of the following statements are correct regarding the functions of the Reserve Bank of India?

    I. It issues the currency notes of the country.

    II. It controls money supply of the country.

    A Only I Correct Answer Incorrect Answer
    B Neither I nor II Correct Answer Incorrect Answer
    C Both I and II Correct Answer Incorrect Answer
    D Only II Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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