Social Sciences, asked by Pallavi01234, 3 months ago

hiiii The Question is ;
Why the supervision of RBI is neccesary to check the loans provided by the formal sector?​

Answers

Answered by Ishwari0707
1

Hii good evening

hope it helps you

Attachments:
Answered by palakkhinda1
1

Explanation:

The supervision of RBI is necessary for the following reasons : (i)It ensures safety to the bank deposits of people. (ii)It helps in collection of economic data all over the country. (iii)It contains corrupt practices from creeping within banks.

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