Social Sciences, asked by lasya2510, 1 year ago

what are the functions of Reserve bank of India​

Answers

Answered by skjoshua20
0

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:

Pls mark as brainlist

Answered by dk682396
0

Answer:

Explanation:

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.

Similar questions