As the Central Bank of the country, RBI does not have the following function :
Development of financial technology products is not a conventional central-bank function. Control of money supply, regulation of credit and acting as lender of last resort…
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As the Central Bank of the country, RBI does not have the following function :
Answer and explanation
Correct answer B
Development of financial technology products is not a conventional central-bank function. Control of money supply, regulation of credit and acting as lender of last resort are central-banking responsibilities.
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Karnataka SET (KSET)