The correct answer is A. Reserve Bank of India.
The Reserve Bank of India (RBI) is the central bank of India. It was established on April 1, 1935, in accordance with the Reserve Bank of India Act, 1934. The RBI is the sole issuer of banknotes in India. It also acts as the banker to the government of India and the banker’s bank.
The State Bank of India (SBI) is a state-owned banking and financial services company. It is the largest commercial bank in India and the largest bank in the world by assets. The SBI was founded in 1806 as the Bank of Calcutta, and it was renamed the State Bank of India in 1955.
The Ministry of Finance, Government of India is the ministry of the Government of India responsible for the formulation and implementation of the financial policies of the Government of India. The ministry is headed by the Finance Minister, who is a member of the Union Cabinet.
The correct answer is A. Reserve Bank of India. The Reserve Bank of India is the central bank of India and the sole issuer of banknotes in India.