[amp_mcq option1=”State Bank of India” option2=”Ministry of Finance” option3=”Government of India” option4=”International Monetary Fund” correct=”option1″]
The correct answer is: State Bank of India (SBI).
SBI is the largest commercial bank in India and is the largest public sector bank in the world. It is also the largest lender in India and the largest foreign exchange bank in the country. SBI has a network of over 24,000 branches and over 50,000 ATMs across India. It also has a presence in over 30 countries around the world.
SBI is the agent of the Reserve Bank of India (RBI) at places where the RBI does not have its own office. This means that SBI performs certain functions on behalf of the RBI, such as accepting deposits, issuing currency, and clearing cheques.
The other options are incorrect. The Ministry of Finance is the government ministry responsible for the financial affairs of India. The Government of India is the supreme governing authority of India. The International Monetary Fund (IMF) is an international financial institution that provides loans to countries to help them stabilize their economies.