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Reported Question / Answer
Q.) Which of the following is one of the major functions of the RBI ?
1)
Maintain India Investment Fund created by the Govt. of India
2)
Act as custodian of the foreign exchange reserves of the country
3)
Appoint (CEOs) of the foreign banks in India
4)
Appoint Finance Secretary to the Govt. of India
5)
Decide exchange rates of currencies like Yen, Yuan and Dollars
Answer :
2
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