Which of the following function is not related to RBI 

The correct answer is the Lending of money to the public.

Key Points

• The lending of money to the public is not the function of RBI.
• Reserve Bank of India
  • The Reserve Bank of India is India's central bank and regulatory body under the jurisdiction of the Ministry of Finance, Government of India.
  • It is responsible for the issue and supply of the Indian rupee and the regulation of the Indian banking system.
• Key functions of RBI are, banker's bank, the custodian of the foreign reserve, controller of credit, and managing the printing and supply of currency notes in the country.

• Major functions of the RBI are as follows:

  • Issue of Bank Notes
  • Banker to Government
  • Custodian of Cash Reserves of Commercial Banks
  • Custodian of Country's Foreign Currency Reserves
  • Lender of Last Resort
  • Central Clearance and Accounts Settlement
  • Controller of Credit (Controlling Inflation) Banking Supervision