Question

in what ways does the Reserve Bank of India supervise The functioning of banks why is it necessary​

Answer 1

Answer:

it also controls the flow of currency in the economy to maintain the stability of the currency. 1) It sees whether the banks are maintaining a minimum cash balance of the deposits. 2) It makes sure that people from all backgrounds receive loans and not only the rich, powerful businessman and traders.

Explanation:

Answer 2

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