Q: 100 (IAS/2012)

The Reserve Bank of India (RBI) acts as a bankers’ bank. This would imply which of the following?
1. Other banks retain their deposits with the RB
I.
2. The RBI lends funds to the commercial banks in times of need.
3. The RBI advises the commercial banks on monetary matters.
Select the correct answer using the codes given below:
question_subject: 
Economics
question_year: 
2012
question_exam: 
IAS
question_sub_subject: 
Indian Economics
question_topic: 
Banking system and capital market
stats: 
0,5376,1840,816,856,136,5408