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Which of the following is not a function of the Reserve Bank of India (RBI)?

  1. A
    Regulating the stock market
  2. B
    Issuance of currency notes
  3. C
    Conducting monetary policy
  4. D
    Regulating foreign exchange

Solution & Step-by-step Explanation

Regulating the stock and capital markets in India is the statutory responsibility of the Securities and Exchange Board of India (SEBI). The RBI handles monetary policy, currency issuance, and forex regulation.

Practice this question

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Which of the following is not a function of the Reserve Bank of India (RBI)?
A
Regulating the stock market
B
Issuance of currency notes
C
Conducting monetary policy
D
Regulating foreign exchange

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