Question

what are the functions of RBI​

Answer 1

Answer:

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

hope u like it!!

Answer 2

Answer:

RBI ( reserved bank of india) is the apex bank of india. it was established bin 1935 as the imperial Bank of India.

functions of RBI are ;

1.it issues currency on the behalf of government of India.

2. it governs the other banks.

3. It makes laws that other banks follow .

4. It ensures that the rules and laws are being followed by all banks.

$.$