History, asked by azadpackers2, 5 months ago

analyse the work of reserve bank of india​

Answers

Answered by lRockstarl
13

Answer:

Reserve Bank of India (RBI) is the Central Bank of India. RBI was established on 1 April 1935 by the RBI Act 1934. Key functions of RBI are, banker's bank, the custodian of foreign reserve, controller of credit and to manage printing and supply of currency notes in the country.

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Answered by Anonymous
10

Answer:

1.Issue the currency on behalf of Government of India .

2.Issues guidelines regrading working culture of bank and SHG .

3.Give directions regarding terms and interest on credit .

4.To provide feedback regarding monetary policies to government of India.

5.RBI holds a part of the cash reserve of the bank .

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