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Home Questions CRU8F4PJ42
Target Exam

CUET

Subject

General Test

Chapter

General Knowledge

Question:

Who acts as Banker to the Indian Government?

Options:

International Monetary Fund

Reserve Bank of India

World Bank

State Bank of India

Correct Answer:

Reserve Bank of India

Explanation:

The correct answer is Option (2) → Reserve Bank of India

The Reserve Bank of India (RBI) acts as the banker to the Indian Government. It manages the government's accounts and provides various banking services like managing public debt and facilitating fund transfers.

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