What is the primary function of the Reserve Bank of India (RBI)?
2023
What is the primary function of the Reserve Bank of India (RBI)?
- A.
Regulating stock markets
- B.
Conducting monetary policy
- C.
Implementing fiscal policy
- D.
Managing foreign relations
Show answer & explanation
Correct answer: B
The Reserve Bank of India is India's central bank, and one of its primary functions is conducting monetary policy.