what are the functions of RBI in India
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Answered by
6
Heya DUDE!
Functions of RBI:
#RBI control all banks in India.
#RBI dosen't give loan.
#All banks have to send report to RBI.
#RBI fix the intrest rate.
#RBI print the currency.
HOPE ÍT HÊLPs Û.
Functions of RBI:
#RBI control all banks in India.
#RBI dosen't give loan.
#All banks have to send report to RBI.
#RBI fix the intrest rate.
#RBI print the currency.
HOPE ÍT HÊLPs Û.
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Reserve Bank of India (RBI) is India'sCentral bank. It plays multi-facet roleby executing 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, among others
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