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

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Consider the following statements regarding Reserve Bank of India.<br />1. It is a banks to the Central Government.<br />2. It formulates and administer monetary policy.<br />3. It acts as an agent of government in respect of India.<br />4. It handles the borrowing programme of Government of India. Which of these statements are correct?






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