explain the functions of RBI
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Answer:
The main functions of the RBI include: Monetary authority: formulates, implements, and monitors India's monetary policy. The main objectives of which are maintaining price stability, ensuring adequate flow of credit to productive sectors, and financial stability.
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Answer:
it controls all other Banks.
Explanation:
it collects all information from the other bank like how much money want out and getting in to bank.
if any scarcity of money or damaged money there produce new one.
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