Question

Explain the functioning od rbi in supervising the functioning of formal sources

Answer 1

The reserve bank of India supervises the functioning of formal sources of loans 
*The RBI monitors the banks in actually maintaining cash balance
*The RBI sees that the banks give loans not just to profit making buisness and traders but also to small cultivators,small-scale 

Answer 2

Explanation:

Hey mate i will help u

Refers with attachments