The central banking functions in India are performed by the

1. I=Central Bank of India
2. II=Reserve Bank of India
3. III=State Bank of India
4. IV=Punjab National Bank

A. I, II

B. II

C. I

D. II, III

E. IV

Answer: Option B

Solution(By Examveda Team)

The central banking functions in India are performed by the Reserve Bank of India.