Q: 54 (IAS/2001)

Consider the following statements regarding Reserve Bank of India :
I. It is a banker to the Central Government.
II. It formulates and administers monetary policy.
III. It acts as an agent of the Government in respect of India’s membership of IMF.
IV. It handles the borrowing programme of Government of India.
Which of these statements are correct ?
question_subject: 
Economics
question_year: 
2001
question_exam: 
IAS
question_sub_subject: 
Indian Economics
question_topic: 
Banking system and capital market
stats: 
0,4112,960,672,232,4112,56