Which of the following option is NOT a feature of central bank?
Answer & explanation
Correct answer: option 1
The correct answer is Option 1: It is an apex bank which regulate money supply with the help of fiscal policies.
Reserve bank of India is the apex institution which monitors the money supply and creates a balance in the economy to avoid any economic fluctuations. With the help of MONETARY policies, it either increases or decreases the money supply to control inflation or any other problem.