Which of the following are the sources of income for the Reserve Bank of India? I. Buying and selling Government bonds II. Buying and selling foreign currency III. Pension fund management IV. Lending to private companies V. Printing and distributing currency notes Select the correct answer using the code given below.
Question:
Which of the following are the sources of income for the Reserve Bank of India? I. Buying and selling Government bonds II. Buying and selling foreign currency III. Pension fund management IV. Lending to private companies V. Printing and distributing currency notes Select the correct answer using the code given below.
Which of the following are the sources of income for the Reserve Bank of India? I. Buying and selling Government bonds II. Buying and selling foreign currency III. Pension fund management IV. Lending to private companies V. Printing and distributing currency notes Select the correct answer using the code given below.
Options
Answer: I and II only
Explanation:
RBI earns income primarily from open market operations (buying/selling government securities) and foreign currency operations. It does not lend to private companies or manage pension funds.
Explanation:
RBI earns income primarily from open market operations (buying/selling government securities) and foreign currency operations. It does not lend to private companies or manage pension funds.
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