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Question

Economics Question on External Sector and Currency Exchange rate

Match List - I with List - II. List - IList -II
(A) Institution that accept public deposits(I) Issuance of currency notes
(B) The central Bank of India(II) Acceptance of deposit from public

(C) Function of a Central bank| (III) Reserve bank of India
(D) Function of Commercial bank| (IV) Commercial bank
Choose the correct answer from the options given below:

A

(A)-(IV), (B)-(I), (C)-(II), (D)-(III)

B

(A)-(IV), (B)-(III), (C)-(I), (D)-(II)

C

(A)-(II), (B)-(III), (C)-(IV), (D)-(I)

D

(A)-(I), (B)-(III), (C)-(II), (D)-(IV)

Answer

(A)-(IV), (B)-(III), (C)-(I), (D)-(II)

Explanation

Solution

The correct option is (B):(A)-(IV), (B)-(III), (C)-(I), (D)-(II)