The tasks of the Reserve Bank of India to:
1. maintain the population’s confidence in the system, to safeguard the interests of those who have entrusted their money and to supply cost-effective banking systems to the population;
2. manage foreign currency controls: facilitating exports, imports and international payment traffic and developing and maintaining the trade in foreign currencies in India;
3. issue money (the rupee) and adequately ensuring a high quality money supply;
4. provide loans to commercial banks in order to maintain or grow the Gross National Product (GNP);
5. acting as the government’s banker;
Select the correct answer using the codes given below.
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