Question

✨hello✨

give some details about RBI bank?

Answer 1

✔️Heya friend ✔️

$\bold{ANSWER}$

⏺️RBI full name is Reserve Bank of India.
The Reserve Bank of India

⏺️The RBI was established by investing five crores

⏺️was established in April 1, 1935.

⏺️In January 1949, RBI was nationalized.

⏺️Reserve Bank of India is located in Mumbai.

⏺️Reserve Bank of India governor is urjit Patel.

◀️The Reserve Bank of India has been forced to print and market the notes of 2 and 2 plus amount.

◀️RBI monitors all banks and their operations in the country

☺️ hope it help you ☺️

Answer 2

i.Rbi only has the rights to print the note.
ii.RBI makes rules and regulations which are followed
by commercial banks.
iii.RBI decides that what will be the terms of credit in the formal sector.
iv.RBI decides to whom to give loan and whom to not.
v.Rbi monitor the reserves.