Social Sciences, asked by rashminarainpandey, 10 months ago

what is the difference between Reserve Bank and commercial bank​

Answers

Answered by Anonymous
1

Explanation:

RESERVED BANK SEES THE BANKS SUCH AS SBI ETC .THAT HOW MUCH BANKS ARE LENDING, TO WHOM AND HOW MUCH THEY ARE LENDING.

COMMERCIAL BANKS ARE THOSE WHICH ARE FOR COMMERCIAL PURPOSE . NO ORGANIZATION IS THERE TO SEE COMMERCIAL BANK. FOR EXAMPLE -. KESHAV SHEKHARI BANK ETC.

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FIRST ANSWER

Answered by chennailins007
0

Answer:

Hello Bro, Here's your answer

Explanation:

  • Reserve Bank and Commercial banks are a way different from each other.
  • Reserve Bank is the primary authority. It is controlled by government of India.
  • Reserve Banks is the only authority to issue currency
  • It also checks the functioning of other banks besides printing currency.

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