Question

Responsibilities of rbi in simple points?

Answer 1

Reserve Bank of India is India's central bank, headquartered at Bombay. Central bank of a country execute multiple functions such as overseeing monetary policy, issuing currency, managing foreign exchange, working as a bank of government and as banker of scheduled commercial banks, etc.
hope it helps you

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: