Which central agency manages the public debt of the central and state government?

Options

A. FICCI
B. IRDA
C. SEBI
D. RBI

Answer

D

Explanation

The RBI manages public debt on behalf of the Central and the State Governments. Reserve Bank of India is known as the Banker’s bank. It is the bank from which the Government borrows during the time of deficit. RBI also has the responsibility to maintaining the monetary policies and currency printing throughout the India.