The RBI is totally autonomous and independent of the government.

Related MCQs

• According to which section of the RBI Act of 1934, RBI is liable to pay the value of banknote to its holder?
• The Government picked up the entire Share of SBI held by the RBI according to which of the following guidelines?
• RBI provides the Ways and Means Advances to whom?
• RBI has withdrawn the circulation of coins in the denomination of 1 paise, 2 paise, 3 paise, 5 paise, 10 paise, 20 paise and 25 paise in which year?
• The Govt. of India has acquired RBI’s stake in one of the major banks of India. Which of the following is the bank?
• Who was the first Indian Governor of RBI?
• Which is not a function of RBI?
• Which of the following statements is/are not true about RBI?
• Which of the following Governors of RBI also served as the Finance Minister of India?
• In which of the following cities, the regional headquarters of RBI is not situated?