Question

analyse the functions of RBI.​

Answer 1

Answer:

Major functions of the RBI are as follows:

Issue of Bank Notes: ...

Banker to Government: ...

Custodian of Cash Reserves of Commercial Banks: ...

Custodian of Country's Foreign Currency Reserves: ...

Lender of Last Resort: ...

Central Clearance and Accounts Settlement: ...

Controller of Credit:

Explanation:

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Answer 2

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Functions of RBI (Reserve Bank of India)

⭐ Monetary Authority

⭐ Regulator and supervisor of the financial system.

⭐ Manager of Foreign exchange

⭐ Issuer of currency

⭐ Regulator and supervisor of Payment and settlement system.

⭐ Banker to Government

⭐ Bankers Bank