Question

Reserve Bank of India is called as mother Bank of India​

Answer 1

Answer:

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Explanation:

reserve Bank of India is known as mother bank of India because it is the only bank which have access to all banks in India it can contact to all banks of India

Answer 2

It does so by controlling the flow of money in the economy. When other banks are in a problem, they approach the Central Bank for assistance. Hence it is also called as a banker's bank. In India, the Reserve Bank of India is the Central Bank.

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