Multiple choice

Which of the following is not a function of the Reserve Bank of India?

  1. Bank to the public;

  2. Bankers' Bank;

  3. Bank of Issue;

  4. Custodian of forex
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A Correct answer
Explanation

The Reserve Bank of India (RBI) acts as the central bank and does not provide direct banking services to the general public. It manages currency, acts as a banker to the government, and regulates other banks.

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