he 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 : - Study24x7
Social learning Network
study24x7

Default error msg

Login

New to Study24x7 ? Join Now
Already have an account? Login
googlePlay app_img
Harsh Vardhan Singh
14 Mar 2023 04:17 PM study24x7 study24x7

he 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....

See more

A

2 and 3 only

B

1 and 2 only

C

1 and 3 only

D

1, 2 and 3

Banking
Like | 2 Comment Share
study24x7
Write a comment
Related Questions
500+   more Questions to answer

Popular Courses

Reasoning Special by Parwez Sir for... All Levels हिन्दी By Reasoning special by Parwez Alam
Average and Alligation for Bank PO ... All Levels हिन्दी By logicalangle
English Special Course for SSC CGL,... All Levels English By Topline Coaching 999 1,499 33% off
BANKING AWARENESS PREMIUM COURSE All Levels English By RAU IAS COACHING 499 799 38% off
Free Full Paid English Grammar All Levels English By Uphaar Classes - By Sumit Sir (YouT...
Ratio,Proportion and Partnerships f... All Levels हिन्दी By logicalangle
Featured Courses
Popular Pages

Featured Courses

BESTSELLER
Reasoning Special by Parwez Sir for all Government... All Levels हिन्दी By Reasoning special by Parwez Alam
FREE
5.0
IBPS PO (PRE) English Special by Pooja Mam All Levels English By Topline Coaching
FREE
5.0
BANKING AWARENESS PREMIUM COURSE All Levels English By RAU IAS COACHING 499 5.0
Government Jobs Exam Syllabus All Levels English By GOVERNMENT JOB NOTIFICATION
FREE
5.0

Popular Pages

SAT (Scholastic Assessment Test)

18 followers

Reasoning special by Parwez Alam

148 followers

Study24x7

1218 followers

Henry Harvin

58 followers

CBSE Study Materials

83 followers

Get the App

Download the Study24x7 App, so you can connect and collaborate.

study24x7
study24x7
Most Related Articles