Question

explain the role of RBI supervise the functioning of banks ? why is this necessary ?​

Answer 1

Explanation:

1. The RBI monitors the banks in maintaining minimum cash balance out of deposits. 2. The RBI sees that the banks give loans not only just to profit-making businesses and traders but also to small scale industries ,small borrowers etc.

Answer 2

Answer:

here is ur answer....

Explanation:

Reserve Bank of India (RBI) supervised the banks in the following ways : (i) It monitors the balance kept by banks for day-to-day transactions. (ii) It checks that the banks give loans not just to profit-making businesses and traders but also to small borrowers.