Question

what is bank ?


2. what is the use of RBI ​

Answer 1

Answer:

A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be performed either directly or indirectly through capital markets.

First and foremost, the RBI formulates, implements, and monitors India's monetary policy. The bank's management objective is to maintain price stability and ensure that credit is flowing to productive economic sectors.

Step-by-step explanation:

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Answer 2

Step-by-step explanation:

the full form of RBI is Reserve Bank Of India

the RBI prints the money notes

it supervises the all the banks are working properly or not