Question

what is the centrel bank of india write four important function of central bank​

Answer 1

Explanation:

As banker to the government, the central bank keeps the deposits of the central and state governments and makes payments on behalf of governments. But it does not pay interest on governments deposits. It buys and sells foreign currencies on behalf of the government. It keeps the stock of gold of the government.

Answer 2

Answer:

India's central bank is known as the Reserve Bank of India (RBI). Its role is to foster financial stability and regulate India's currency and credit. Founded in 1935, the bank sets monetary policy for the country.