state gov TSPSC Group 2 (తెలంగాణ గ్రూప్ 2) Mock Test Series General Knowledge Economy Money and Banking
Consider the following statements:-
(i) RBI was formed in year 1935 by the Reserve Bank of India Act, 1934.
(ii) RBI lends loans to commercial banks on zero percent interest.
(iii) RBI suggests parameters of banking operation to all the banks about banking and financial system.
Which of the statements are correct?
1
(i), (ii), (iii)
2
(i) and (iii)
3
(ii) and (iii)
4
(i) and (ii)