Multiple choice

Directions: Choose the correct option for the given question: Which bank in India performs duties of Central Bank?

  1. Central Bank of India

  2. State Bank of India

  3. Reserve Bank of India

  4. Above (A) and (B)
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The Reserve Bank of India (RBI) is India's central bank, responsible for monetary policy, currency issuance, and financial regulation. Central Bank of India and State Bank of India are commercial banks, not the central bank.

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