The RBI acts as the supervisor of banks when it

prints currency notesCorrect answerYour answerlicenses, inspects and regulates banksCorrect answerYour answerlends to the governmentCorrect answerYour answerbuys foreign currencyCorrect answerYour answer

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CorrectNot quiteAnswer B

Correct answer: B

Supervision keeps banks sound so that depositors' money is safe.

Concept: Supervisor of banks
Typical timeTypical: 70 s
Your timeYours: —

The rule this testsFunctions of the central bank

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Ten questions from The Central Bank & Monetary Policy, at your own pace.

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The RBI acts as the supervisor of banks when it

Explanation