Which of the following is not a function / power of Reserve Bank of India?

Which of the following is not a function / power of Reserve Bank of India?
[A]To assume the responsibility of meeting directly or indirectly all reasonable demands for accommodation
[B]To hold cash reserves of the commercial banks and make available financial accommodation to them
[C]To assume responsibility of all banking operations of the government
[D]To assume the responsibility of statistical analysis of data related to macro economy of India

To assume the responsibility of statistical analysis of data related to macro economy of India
Statistical analysis of data related to macro economy of India is a function of Central statistical organization and not of RBI

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This question "Which of the following is not a function / power of Reserve Bank of India?" was published on GKToday on May 19, 2015 at 12:53 pm. For Current Affairs Questions Archive Click Here. For General Knowledge Questions Archive Click Here.

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