Explain The functions of RBI
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The Reserve Bank of India As banker to the government the Reserve Bank manages the banking needs of the government. It has to-maintain and operate the government’s deposit accounts. It collects receipts of funds and makes payments on behalf of the government. It represents the Government of India as the member of the IMF and the World Bank..
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The main function of RBI is :
To control and monitor the banking.
To monitor the financial banking of our country.
Hope this may helps you.....
To control and monitor the banking.
To monitor the financial banking of our country.
Hope this may helps you.....
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