Social Sciences, asked by charanjitrana6, 7 months ago

It is the central bank of India and was established in 1935. Adding to it the teacher told that its name is Reserve Bank of India. Children, tell me what this bank does? a) Issuing notes b) /Regularize the banking system c) Credit control d) of the above

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Answered by fadilwaqaar1

Explanation:

Functions of Reserve Bank

1. Issue of Notes —The Reserve Bank has a monopoly for printing the currency notes in the country. It has the sole right to issue currency notes of various denominations except one rupee note (which is issued by the Ministry of Finance).

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Answered by gurpreetwalia884

regularize the banking system

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It is the central bank of India and was established in 1935. Adding to it the teacher told that its name is Reserve Bank of India. Children, tell me what this bank does? a) Issuing notes b) /Regularize the banking system c) Credit control d) of the above​

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It is the central bank of India and was established in 1935. Adding to it the teacher told that its name is Reserve Bank of India. Children, tell me what this bank does? a) Issuing notes b) /Regularize the banking system c) Credit control d) of the above