Question Details

Detailed explanation and options for the selected question.

Which of the following is the primary function of the Reserve Bank of India (RBI)?

A. Regulation of foreign trade
B. Issuance of currency notes
C. Management of foreign investments
D. Enforcement of tax policies

Explanation:

The Reserve Bank of India (RBI) is responsible for issuing currency notes in India, among other functions. Options like regulating foreign trade, managing foreign investments, and enforcing tax policies are handled by other institutions.