Economy, asked by bhadauriassoni, 8 months ago

8. In what ways does the Reserve Bank of India supervise the functioning of banks?
Why is this necessary?

Answers

Answered by shm0618667arpana

Answer:

Reserve Bank of India (RBI) supervised the banks in the following ways : (i) It monitors the balance kept by banks for day-to-day transactions. (ii) It checks that the banks give loans not just to profit-making businesses and traders but also to small borrowers.

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