🎴 Flashcard Mode
Banking Regulation Act, 1949
Card1 / 14
Mastered0
Review0
QuestionClick to flip
Which of the following is not a function of the Reserve Bank of India (RBI) under the Banking Regulation Act, 1949?
AnswerClick to flip back
A
To provide loans to the government.
💡 Explanation:
The RBI is not authorized to provide loans to the government under the Banking Regulation Act, 1949.