Question

in what ways is a Bank of India supervises a function of bank why is it necessary​

Answer 1

Answer:

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.

Answer 2

Answer: This may help you with

Explanation:

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.

3) Its components are held together by confidence. The failure of just one bank could shake confidence in the system and jeopardise its integrity.Knowing that banks are supervised reassures both markets and depositors, reducing the likelihood of bank runs and other forms of financial contagion.