Question

list any 10 roles of RBI ​

Answer 1

Answer:

Explanation:

1. Issue of bank notes

2. Banker to government

3.  Custodian of Cash Reserves of Commercial Banks

4.Custodian of Country’s Foreign Currency Reserves

5. Lender of last resort

6. Central Clearance and Accounts Settlement

7. Controller of Credit

8.It also works for overall economic growth of the country.

9. It keeps a check on the working of the other banks across the country. It supervises the functioning of formal sources of loans.

10.The RBI monitors the banks in actually maintaining the minimum cash balance.

Answer 2

Major functions of the RBI are as follows:

Issue of Bank Notes: ...

Banker to Government: ...

Custodian of Cash Reserves of Commercial Banks: ...

Custodian of Country's Foreign Currency Reserves: ...

Lender of Last Resort: ...

Central Clearance and Accounts Settlement: ...

Controller of Credit: