Question

what are the functions of RBI in India

Answer 1

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.

Answer 2

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