Social Sciences, asked by shkumari1506, 11 months ago

Five function of RBI​

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Answered by murari81
1

Answer:

The main functions of the RBI include:

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.

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.Issuer of currency: issues currency and coins, and exchanges or destroys currency notes and coins unfit for circulation

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.Issuer of currency: issues currency and coins, and exchanges or destroys currency notes and coins unfit for circulationBanker and debt manager to government of India: performs merchant banking functions for central and state governments and also acts as their banker, determines how best to raise money in debt markets to help the government finance its requirements

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.Issuer of currency: issues currency and coins, and exchanges or destroys currency notes and coins unfit for circulationBanker and debt manager to government of India: performs merchant banking functions for central and state governments and also acts as their banker, determines how best to raise money in debt markets to help the government finance its requirementsBanker to banks: enables clearing and settlement of inter-bank transactions, maintains banks’ accounts for statutory reserve requirements, and acts as a lender of last resort

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.Issuer of currency: issues currency and coins, and exchanges or destroys currency notes and coins unfit for circulationBanker and debt manager to government of India: performs merchant banking functions for central and state governments and also acts as their banker, determines how best to raise money in debt markets to help the government finance its requirementsBanker to banks: enables clearing and settlement of inter-bank transactions, maintains banks’ accounts for statutory reserve requirements, and acts as a lender of last resortRegulator and supervisor of the financial system: protects the interests of depositors, facilitates orderly development and conduct of banking operations, and maintains financial stability through preventive and corrective measures

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.Issuer of currency: issues currency and coins, and exchanges or destroys currency notes and coins unfit for circulationBanker and debt manager to government of India: performs merchant banking functions for central and state governments and also acts as their banker, determines how best to raise money in debt markets to help the government finance its requirementsBanker to banks: enables clearing and settlement of inter-bank transactions, maintains banks’ accounts for statutory reserve requirements, and acts as a lender of last resortRegulator and supervisor of the financial system: protects the interests of depositors, facilitates orderly development and conduct of banking operations, and maintains financial stability through preventive and corrective measuresManager of foreign exchange: regulates transactions related to the external sector, enables the development of the foreign exchange market (forex), ensures smooth functioning of the domestic forex market, and manages India’s foreign currency assets and gold reserves

Explanation:

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Answered by Hinalbhogesra
1

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.

Issuer of currency: issues currency and coins, and exchanges or destroys currency notes and coins unfit for circulation

Banker and debt manager to government of India: performs merchant banking functions for central and state governments and also acts as their banker, determines how best to raise money in debt markets to help the government finance its requirements

Banker to banks: enables clearing and settlement of inter-bank transactions, maintains banks’ accounts for statutory reserve requirements, and acts as a lender of last resort

Regulator and supervisor of the financial system: protects the interests of depositors, facilitates orderly development and conduct of banking operations, and maintains financial stability through preventive and corrective measures

Manager of foreign exchange: regulates transactions related to the external sector, enables the development of the foreign exchange market (forex), ensures smooth functioning of the domestic forex market, and manages India’s foreign currency assets and gold reserves

Regulator and supervisor of payment and settlement systems

Maintaining financial stability: an explicit objective of the RBI since the early 2000s

Development: ensures credit availability to productive economic sectors, establishes institutions to develop India’s financial infrastructure, expands access to affordable financial services, and promotes financial education and literacy.

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