Question

Role of Rbi in the money market plz snd me answer of this question in one page​

Answer 1

Explanation:

Firstly the central bank(RBI) could do this by setting a necessary reserve ratio, which would restrict the ability of the commercial banks to increase the money supply by loaning out money. ... The central bank(RBI) can influence the supply of money through special deposits

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Answer 2

Answer:

RBI play an important role in market because of RBI we can use money as a medium of exchange.RBI issues currency for country and provide us

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