Question

reserve bank of India grants loans to​

Answer 1

Answer:

Explanation:

The Reserve Bank also undertakes to float loans and manage them on behalf of the Governments. It provides Ways and Means Advances – a short-term interest bearing advance – to the Governments, to meet temporary mismatches in their receipts and payments.

Answer 2

Answer:

The answer to the question-"reserve bank of India grants loans to​" is-

According to section 20(1) of the Banking Regulation Act, 1949, a RBI cannot grant any loans on the security of its own shares.

Explanation:

Role of Reserve Bank of India

The Reserve Bank-

1. helps in managing and floating loans  on behalf of the Government.
2. It provides interest bearing advance short-term to the Government,
3. It meet temporary mismatches in their receipts and payments
4. It does management of Public Debt.
5. It manages public debt on behalf of the Central and the State Governments.
6. It issues new rupee loans,  and does payment of interest and other repayment of these loans.
7. It manages loans and other operational matters like debt certificates and their registration.

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