Multiple choice

Who conducts public debt operations of the Government of India?

  1. The Controller of Capital Issues

  2. The Union Ministry of Finance

  3. State Bank of India

  4. The Reserve Bank of India

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The Reserve Bank of India acts as the banker to the government and manages the public debt operations for the Government of India, including issuing and managing government securities.