Consider the following statements regard...

Consider the following statements regarding Reserve Bank of India :
1. It is a banker of the Central Government.
2. It formulates and administers monetary policy.
3. It acts as an agent of the Government in respect of India.
4. It handles the borrowing programme of Government of India. Which of the statements are correct?

A

1 and 2

B

3 and 4

C

2,3 and 4

D

1, 2, 3 and 4

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The correct Answer is:

A

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