Question

What are the functions of Reserve Bank of India ?​

Answer 1

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The main functions of the RBI include: Monetary authority: formulates, implements, and monitors India's monetary policy. The main objectives of which are maintaining price stability, ensuring adequate flow of credit to productive sectors, and financial stability.

Answer 2

1.it monitors and checks and Ensures financial stability of Indian banks.

2.it ensures equality in Loan taking for both rich and poor.

3.it regulations transaction related to external sector.