GyanGramThe Reserve Bank of India (RBI) acts as a bankers’ bank. This would imply which of the following? 1. Other ba…
Read the full question, pick an option, then see whether you were right. The answer is not shown until you attempt.
Choose an option before the answer.
The Reserve Bank of India (RBI) acts as a bankers’ bank. This would imply which of the following?
1. Other banks retain their deposits with the RBI.
2. The RBI lends funds to the commercial banks in times of need.
3. The RBI advises the commercial banks on monetary matters.
Select the correct answer using the codes given below :
Pick an option to check yourself. The answer stays hidden until you attempt.
• Correct Answer: D
• As bankers' bank, RBI holds cash reserves (CRR), lends as lender of last resort, and advises on monetary policy.
• All three functions are integral to RBI's role in the banking system.
Same year. Same subject. More attempts.
Keep attempting in GyanGram.
Filter by year or subject, attempt previous-year questions, and connect each miss back to a visual deck.