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Question

This bank operates in public interest without any profit motive.
  1. Reserve bank of India
  2. State Bank of India
  3. General Bank
  4. Allahabad Bank

A
Reserve bank of India
B
Allahabad Bank
C
State Bank of India
D
General Bank
Solution
Verified by Toppr

Reserve bank of India looks after the monetary system of the country. It is a banker to the banks and the govt of the country, it does not exist for making profits. Its main objective is to make public welfare and economic development. It has the right to issue and print currency notes.

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