How does RBI control other banks ( very imp for c 10 SST)
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Answered by
4
RBI control other banks by:
1 supervising the activity of banks
2.ensuring equitable distribution of loans
3.deciding the range of interest on loans
4.by getting periodic information of all banks
1 supervising the activity of banks
2.ensuring equitable distribution of loans
3.deciding the range of interest on loans
4.by getting periodic information of all banks
jatinparsaip5j0j7:
its also given on ncert page no.48 right side
so what
it was on a easy format on that
Answered by
3
RBI controls all the banks in this way
1)Rate of interest given to lender is decided by RBI
----------------------------
2)RBI takes all the report periodically from banks that from whom they are lending
-------------------------
3)RBI manage that bank keep only 15% of cash with them and rest of the cash will be given to lenders.
HOPE IT HELPS
))MARK AS BRAINLIEST ((
----AKSHAY SINGH
1)Rate of interest given to lender is decided by RBI
----------------------------
2)RBI takes all the report periodically from banks that from whom they are lending
-------------------------
3)RBI manage that bank keep only 15% of cash with them and rest of the cash will be given to lenders.
HOPE IT HELPS
))MARK AS BRAINLIEST ((
----AKSHAY SINGH
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