BPSC CCE Prelims
Reserve Bank of India Previous Year Questions (PYQs)
Practice solved questions for Reserve Bank of India with detailed step-by-step solutions, key insights, and trend analysis for BPSC CCE PRELIMS.
Solved Previous Year Questions
Filter & practice questions topic-wise
Which of the following is a function of Central Bank?
Detailed Explanation:
The Central Bank (RBI in India) performs three core functions: it manages the repo rate to control inflation and liquidity in the economy, lends to commercial banks through repo, Marginal Standing Facility (MSF), and acts as lender of last resort, and provides banking facilities to the government including managing public debt, holding government accounts, issuing currency, and managing foreign exchange reserves.
All three options are correct functions of a central bank.
🧐 Not Sure What to Study Next?
Get a personalised study plan based on your goals, time and revision needs.
Related Topics in Indian Economy
Frequently Asked Questions
Common questions about Reserve Bank of India in BPSC CCE PRELIMS