Question

Describe the function of reserve bank of india in money and credit

Answer 1

RBI issues the new currency notes . It is the main Bank of all the SBI BANK

Answer 2

Hey Dude....!!!

RBI supervises the functions as follows:
> It monitors the banks in actually maintaining cash balance.
> It see that give loans not just for profit making businesses and traders BT also to small borrowers..
> Banks hv to submit info.to the RBI on how much they r lending and to whom.etc..

Hope it will help u....•••