Question

In what ways does the reserve bank of india supervise the functioning of banks?

Answer 1

1) by checking them regularly
2) by providing money
3 taking any issues regarding money
4 cooperative banks can give their money to RBI for future payments

Answer 2

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Hey user!!
Here's your answer!!

The Reserve Bank Of India is the central head of all the nationalized banks in India. They have a wide range of roles to play in our daily lives. Some of the most important uses are as follows:

1. They are the official heads who supervise all the public sector banks.

2. They are the only institutions who have the authority of printing Currencies.

3. They also check the functioning of banks and also ensure that the banks are maintaining a minimum cash balance in their treasury.

4. They also ensure that the banks dont see the profit in providing loans. They ensure that the banks provide loans to all the people who are having the required qualifications.

These are some of the main functions of the Reserve Bank Of India.

Hope this helps!!
Cheers!!

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