Which of the following is not a major function of the RBI in India ?

1.	Which of the following is not a major function of the RBI in India ?
A.	Issuance of currency notes
B.	To facilitate external trade and payment and developing a foreign exchange market in India
C.	Maintaining price stability and ensuring adequate flow of credit to productive sectors
D.	Taking loans/credit from World Bank/IMF and ADB etc., and reallocating it for various activities decided by the Govt. of India
E.	Formulation and monitoring the monetary and credit policy
Answer» D. Taking loans/credit from World Bank/IMF and ADB etc., and reallocating it for various activities decided by the Govt. of India

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Which of the following is not a major function of the RBI in India ?

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