Social Sciences, asked by shahdisha396, 2 months ago

what do you mean by credit or good will discuss the rule of Reserve Bank of India​

Answers

Answered by MrIRZETEX
2
  • The Reserve Bank of India (RBI) is India's central bank, also known as the banker's bank. The RBI controls monetary and other banking policies of the Indian government. The Reserve Bank of India (RBI) was established on April 1, 1935, in accordance with the Reserve Bank of India Act, 1934.
  • Credit control is an important tool used by Reserve Bank of India, a major weapon of the monetary policy used to control the demand and supply of money (liquidity) in the economy. ... Such a method is used by RBI to bring "Economic Development with Stability".
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