Question

what are the functions of reserve bank?​

Answer 1

Answer:

Banks play a important functions

1) to save our money

2) provide loans at very low interest rate.

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Answer 2

Answer:

hi mate..

major functions of RBI as follow

• Issues of Bank notes
• Banker to government
• Lender of last resort
• controller of credit
• custodian of cash Reserves of commercial Banks
• Central clearance of account settlement
• custodian of country's Foreign currency Reserves