Which among the following is a function of the Reserve Bank of India? Options: A . &nbspCollecting and compilation of statistical information relating to banking and other financial sector B . &nbspAccepting deposits from the public C . &nbspBanks underwrite the securities issued by public or private organisations D . &nbspBank issues the letter of credit to their customers certifying their creditability

Which among the following is a function of the Reserve Bank of India?

Question

Which among the following is a function of the Reserve Bank of India?

Options:

A . Collecting and compilation of statistical information relating to banking and other financial sector

B . Accepting deposits from the public

C . Banks underwrite the securities issued by public or private organisations

D . Bank issues the letter of credit to their customers certifying their creditability

Answer: Option A
Answer: (a)

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