Question

list out the main functions of RBI class 10th

Answer 1

The main functions of RBI at :
1.lender of last resort
2. issues currency
3.controller of credit
3. authorizes currency
4.formulates , implements and monitors monetary policy.

Answer 2

The main functions of RBI are listed below-

1. The Reserve Bank Of India is the head of the banking system of India. It coordinates all the activities of the banks and regulates the availability of currency notes.

2. The main function of the Reserve Bank of India is listed below-

a. Circulation and supply of the currency notes.

b. It manages the banking procedures of the government.

c. It preserves the cash reservations of the commercial banks.

d. It also plays an important function in the country's reservations of international currencies.

e. It backs up the commercial banks in cases of emergency.