Which of the following is not a function of the Reserve Bank of India ?
1) Regualtion of currency
2) Regulation of foreign trade
3) Regulation of credit
4) Custody and management of country’s foreign exchange reserves.
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2) Regulation of foreign trade
Foreign Trade Regulations means (a) any act that prohibits or restricts, or empowers the President or any executive agency of the United States of America to prohibit or restrict, exports to or financial transactions with any foreign country or foreign national, (b) the regulations with respect to certain prohibited …