26 - RBI Functions - Banker to other banks

Banking Awareness Multiple Choice Questions (MCQs) and Answers with explanation on RBI Functions – Banker to other banks for IBPS Bank PO, IBPS Bank Clerical, RRB PO and Clerical, SBI PO and SBI Clerical, IBPS Recruitments, RBI Grade B and RBI Bank

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1).
What is the minimum limit of CRR that can be set by the RBI?
2).
When was the RBI Act amended to establish the Monetary Policy Committee?
3).
Where is the current account of all other banks are maintained?
4).
Which of these facilities is given by RBI to the banks for inter-bank transactions?
5).
Which of the following functions are performed by RBI as a banker of banks?
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