Question

How does the Reserve Bank of India (RBI) supervise the functioning of banks.​

Answer 1

$\color{blue}\huge\star\underline\mathfrak{Answer}\star$

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.

Answer 2

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.

i hope it's help you