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Question : Which of the following is not a function of the Reserve Bank of India?

 

Option 1: Controlling inflation

Option 2: Regulating foreign exchange

Option 3: Issuing currency notes

Option 4: Regulating the stock market


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Team Careers360 8th Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: Regulating the stock market


Solution : The correct answer is (d)  Regulating the stock market.

Regulating the stock market is not a direct function of the Reserve Bank of India (RBI). The RBI primarily focuses on monetary policy, currency management, and regulation of the banking system. 

However, the regulation of the stock market falls under the jurisdiction of the Securities and Exchange Board of India (SEBI), which is the regulatory authority for the securities market in India.

 

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