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Bare acts > Reserve Bank of India Act, 1934 > Section 20
 
    


20. Obligation of the Bank to transact Government business.- The Bank shall undertake to accept monies for account of the Central Government and to make payments up to the amount standing to the credit of its account, and to carry out its exchange, remittance and other banking operations, including the management of the public debt of the Union.

 

 

 

 

 

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