Question

Discuss the financial performance of rbi? How far its successes as a central bank in india

Answer 1

The Reserve Bank of India has the responsibility of regulating the supply of money in the country.  The different banks in the country are all under the supervision of the Reserve Bank of India. It is effective in maintaining the financial stability within the economy

Explanation:

• The Reserve Bank of India is the main Central Bank of the country. It has been successful in monitoring and regulating the working of different national banks and the the other finance companies in India. It is has the role  of providing credit facilities to the banks and also a major role in controlling inflation.
• The Reserve Bank of India regulates control over the financial institutions through different monetary policies. The banks have to follow the legislation and policies provided by the RBI.  They have the role of regulating the supply of money in banking system of the country
• The Reserve Bank of India are linked with the "Government of India" for creating economic policies and also working on different strategies for the financial growth of economy. They take care of various problems and legal issues with the financial sectors in regards to financial irregularities.

To know more about Reserve Bank of India

Where is the headquarters of Reserve Bank of India is located?

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