alleryThe role of the RBI in the formal credit market includes:
ASelling consumer products at subsidised prices
BBuilding roads and bridges across rural India
COperating the largest network of post offices
DSupervising banks and printing currency
Answer & Solution
Correct answer: D. Supervising banks and printing currency
The RBI supervises all banks, sets cash reserve ratios, prints currency, licenses banks, audits them, and publishes credit reports.
The other options describe roles of other government agencies.
Keep practising Economic Development & Banking
Browse all Economic Development & Banking questions for Andhra Pradesh SSC (Class 10), or explore more Social Science topics.
Related questions
The unorganised sector employsMGNREGA (2005) was enacted to addressWhich sector employs the largest share of India's workforce despite contributing less to GDisguised unemployment is typically found in which sector?Gross Domestic Product (GDP) isBanking, insurance, transport and storage belong to which sector?Manufacturing activities belong to which sector?Activities like agriculture, mining, fishing, and forestry belong to which sector?