Question

role of RBI???????


class 10

economics


3 / 5 marks​

Answer 1

ΔŇŞŴ€Ř

❇️ ʙᴀɴᴋᴇʀ ᴛᴏ ᴛʜᴇ ɢᴏᴠᴇʀɴᴍᴇɴᴛ: ᴘᴇʀғᴏʀᴍs ᴍᴇʀᴄʜᴀɴᴛ ʙᴀɴᴋɪɴɢ ғᴜɴᴄᴛɪᴏɴ ғᴏʀ ᴛʜᴇ ᴄᴇɴᴛʀᴀʟ ᴀɴᴅ ᴛʜᴇ sᴛᴀᴛᴇ ɢᴏᴠᴇʀɴᴍᴇɴᴛs; ᴀʟsᴏ ᴀᴄᴛs ᴀs ᴛʜᴇɪʀ ʙᴀɴᴋᴇʀ. ʙᴀɴᴋᴇʀ ᴛᴏ ʙᴀɴᴋs: ᴀɴ ɪᴍᴘᴏʀᴛᴀɴᴛ ʀᴏʟᴇ ᴀɴᴅ ғᴜɴᴄᴛɪᴏɴ ᴏғ ʀʙɪ ɪs ᴛᴏ ᴍᴀɪɴᴛᴀɪɴ ᴛʜᴇ ʙᴀɴᴋɪɴɢ ᴀᴄᴄᴏᴜɴᴛs ᴏғ ᴀʟʟ sᴄʜᴇᴅᴜʟᴇᴅ ʙᴀɴᴋs ᴀɴᴅ ᴀᴄᴛs ᴀs ᴛʜᴇ ʙᴀɴᴋᴇʀ ᴏғ ʟᴀsᴛ ʀᴇsᴏʀᴛ.

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Answer 2

Answer:

Banker to the Government: performs merchant banking function for the central and the state governments; also acts as their banker. Banker to banks: An important role and function of RBI is to maintain the banking accounts of all scheduled banks and acts as the banker of last resort