Static GK - Organizations & Headquarters
Which of the following is NOT a function of the Reserve Bank of India (RBI)?
Which of the following is NOT a function of the Reserve Bank of India (RBI)?
medium Q15 of 15
Step-by-Step Solution
Step 1: Identify the concept
The question tests knowledge of RBI's functions and what it does not regulate.Step 2: Analyze functions
RBI regulates currency issuance, formulates monetary policy, and acts as lender of last resort. However, regulation of stock exchanges is done by SEBI, not RBI.Final Answer:
Regulation of stock exchanges → Option BQuick Check:
Regulation of stock exchanges = correct ✅
Quick Trick: Stock exchanges are regulated by SEBI, not RBI.
Common Mistakes:
MISTAKES- Confusing RBI's role with SEBI's regulatory functions.
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