Which of the following is NOT a major function of the RBI in India ?

A

Issuance of currency notes

B

To facilitate external trade and payment and developing a foreign exchange market in India

C

Maintaining price stability and ensuring adequate ow of credit to productive sectors

D

Taking loans/credit from World Bank/IMF and ADB etc. and reallocating it for various activities decided
by the Govt. of India

E

Formulation and monitoring the monetary and credit Policy