RBI does not transact the business of which State Government ?
Options:
A . Jammu and Kashmir
B . Nagaland
C . Punjab
D . Assam
Answer: Option A Answer: (a) State Government transactions are carried out by RBI in terms of the agreement entered into with the State Governments in terms of section 21 A of the RBI Act. As of now, such agreements exist between RBI and all the State Governments except with the Government of Jammu and Kashmir.
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