Economy, asked by Maleeha2681, 11 months ago

How is the Reserve Bank of India administered and controlled ?

Answers

Answered by HeAvEnPrlnCesS

0

Answer:

The RBI carries out India's monetary policy and exercises supervision and control over banks and non-banking finance companies in India. RBI was set up in 1935 under the Reserve Bank of India Act,1934. Until the Monetary Policy Committee was established in 2016, it also controlled monetary policy in India.

Previous Question

Next Question

Similar questions

Math, 5 months ago

If x:y =0.60 : 0.90 and y:z =1/3 : 1/4 ( 1) simplify the ratio x:y and y:z (2) find x:y:z...

Math, 5 months ago

10. If the numbers x, 6 and 9 are in continued proportion, find the value of x.

Environmental Sciences, 5 months ago

answer the following 2. who lives in all human beings...

Economy, 11 months ago

What functions of general banks are performed by the Reserve Bank of India.

Math, 11 months ago

Example : A man travels at 60 kmph on the journey from A to B and returns at 100 kmph. Find his average speed for the journey.

Math, 1 year ago

Karachi scored 324 out of 450 Anita scored 375 out of 500 who scored more and by how much...

Accountancy, 1 year ago

Finanacial account ch2 solution...

Math, 1 year ago

If a person sells an article for RS 400 gaining 1/4 of its cost price , then the cost price is what...