Explain the funcions of RBI.(5 MARKER) 5 POINTS ARE REQUIRED DON'T COPY THE ANSWER FROM ANY WEBSITE
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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.
The Preamble of the RBI describes its basic functions to regulate the issue of bank notes, keep reserves to secure monetary stability in India, and generally to operate the currency and credit system in the best interests of the country.
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