12. The Reserve Bank of India (RBI) Acts as a banker's bank. This would imply which of the following ?
A) Other Banks maintain their deposits with the RBI
B) RBI lends funds to the commercial banks in times of need
C) RBI Advises the commercial banks on monetary matters
B and C
A and B
A and C
A, B and C
Answer & Explanation
Answer: Option D
Explanation: A, B and C
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