state gov APPSC (ఆంధ్రప్రదేశ్) Group 2 (Pre + Mains) Mock Test 2023 General Knowledge Economy Money and Banking
Consider the following statements with respect to the Reserve Bank of India (RBI).
1. RBI acts as a banker to the Government of India and the state governments.
2. It increases or decreases the supply of high-powered money in the economy.
3. It creates incentives or disincentives for commercial banks to give loans or credits to investors.
4. Inclusive growth and development are one of the objectives of RBI.
Which of the statements given above is/are correct?
1
1 and 2 only
2
2 and 4 only
3
1, 2 and 3 only
4
1, 2, 3 and 4