Question

Which of the following is NOT a category of RBI functions?

• A. Monetary functions
• B. Supervisory functions
• C. Promotional and developmental functions
• D. Political functions

Answer 1

Answer:

D. Political functions

The functions of RBI is classified into 3 1.Monetary Functions – Controlling money supply, issuing currency, and managing public debt. 2.Regulatory/Supervisory Functions – Regulating and supervising banks and financial institutions. 3.Promotional and Developmental Functions – Supporting economic growth, financial inclusion, and development of priority sectors.