Question

In what ways does the Reserve Bank of India supervise the functioning of banks? Why is this necessary?​

Answer 1

Answer:

The Reserve Bank of India supervises the functions of banks in the following ways: It monitors the banks in actually maintaining cash balance. It ensures that the banks give loans not just to profit-making businesses and traders but also to small cultivators, small scale industries, to small borrowers etc.

Answer 2

Explanation:

The Reserve Bank of India supervises the functions of banks in the following ways: It monitors the banks in actually maintaining cash balance. It ensures that the banks give loans not just to profit-making businesses and traders but also to small cultivators, small scale industries, to small borrowers.

Hope this may help you..