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251

Q:

Which bank is called the bank of banks in India?

  • 1
    State Bank of India
  • 2
    Bank of India
  • 3
    Central Bank of India
  • 4
    Reserve Bank of India
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Answer : 4. "Reserve Bank of India"
Explanation :

The Government Banking Division of the Reserve Bank of India and the network of branches of agency banks appointed under Section 45 of the Reserve Bank of India Act deal with government transactions.

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