Question

Name the organisation which supervises the functioning of formal source of credit.
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Answer 1

Its The RBI (Reserve Bank of India) which supervises formal source of credit.

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Answer 2

Answer:

HEYA MATE..!

HERE IS YOUR ANSWER..!!

Explanation:

RBI (RESERVE BANK OK INDIA)

The Reserve Bank of India supervises the functioning of formal sources of loans. It does that in the following ways: RBI ensures that the banks give loans not just to profit making business and traders but also to small cultivators, small scale industries, small borrowers etc.F