supportive organisation of RBI is
Answers
Answer:
By serving as CCBD The Board of Financial Supervision (BFS) controls the financial institution. It was formed in 1994. This committee have four members appointed every two years.
This committee has several functions like - external monitoring, internal controlling, strengthening roles of statutory condition.
Another Committee called Tarapore committee was opened by RBI to lay the road map. Surekha Marandi was the executive director of RBI.
Answer:
"Reserve Bank of India (RBI)" is the "central bank of India", which is also known as the "banker's bank".
Explanation:
The RBI regulates the "Indian government's financial" and other "banking policies". It was established on "April 1, 1935".
It is the central banking and monetary authority of India. Reserve Bank is also accountable for tracking foreign currency flows into the Indian economy, controlling currency exchange rates, and overseeing the functioning of different banks.