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Under 'Banker to banks', RBI maintains banking accounts of all:
AInsurance companies
BMutual fund houses
CScheduled banks
DCooperative societies
Answer & Solution
Correct answer: C. Scheduled banks
1. Banks keep accounts with RBI.
2. This is the banker to banks function.
3. It covers all scheduled banks.
_Source: Reserve Bank of India, About Us (rbi.org.in)._
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