Question

14. What are the initiative taken by the government to ensure the increase in agricultural production?

15 In what ways does the Reserve Bank of India supervise the functioning of banks? Why is this necessar​

Answer 1

1. Minimum Support Price policy, provision for crop insurance, subsidy on agricultural inputs and resources such as power and fertilizers, Grameen Banks, Kissan Credit Card and Personal Accident Insurance Scheme are also some of the reforms bought by Indian Government.
2. The Reserve Bank of India supervises the functions of banks in the following ways: It monitors the banks in actually maintaining cash balance. It ensures that the banks give loans not just to profit-making businesses and traders but also to small cultivators, small scale industries, to small borrowers etc

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Answer 2

ANSWER :-

1. Minimum Support Price policy, provision for crop insurance, subsidy on agricultural inputs and resources such as power and fertilizers, Grameen Banks, Kissan Credit Card and Personal Accident Insurance Scheme are also some of the reforms bought by Indian Government.

2. The Reserve Bank of India supervises the functions of banks in the following ways: It monitors the banks in actually maintaining cash balance. It ensures that the banks give loans not just to profit-making businesses and traders but also to small cultivators, small scale industries, to small borrowers etc.

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