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Economics · 2026 · 1 mark
CBSE 2026 · Region 4 · Set 1 · Q9
Reserve Bank of India (RBI) performs the function of Banker to the Banks by acting as a: (i) Clearing House (ii) Custodian of Cash Reserves (iii)…
Reserve Bank of India (RBI) performs the function of Banker to the Banks by acting as a :
(i)
Clearing House
(ii)
Custodian of Cash Reserves
(iii)
Lender to the Government
(iv)
Periodic inspection of Banks
Official answer
(C)
(i), (ii) and (iv)
Marking-scheme solution
(C) (i), (ii) and (iv)
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CBSE Class 12 Economics past-paper question from the 2026 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.