Which of the following are the sources of income for the Reserve Bank of India? I. Buying and selling Government bonds II. Buying and selling foreign currency III. Pension fund management IV. Lending to private companies V. Printing and distributing currency notes Select the correct answer using the code given below.

Option (A) is correct because the RBI’s primary income is derived from interest earned on its holdings of domestic government securities (G-Secs) and returns on foreign currency assets held in its reserves. Option (D) is the most tempting wrong choice, but printing and distributing currency is an operational expenditure for the RBI, not a source of income. This question tests the core concept of the RBI’s balance sheet and its functional role as the banker to the government and manager of foreign exchange.