what is the responsibilities of the RBI?
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RBI manages the control over money deposit and credit in banks. RBI also issues all the indian currency except a one rupee coin.
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Reserve Bank of India (RBI) is the Central Bank of India. RBI was established on 1 April 1935 by the RBI Act 1934. Key functions of RBI are, banker's bank, the custodian of foreign reserve, controller of credit and to manage printing and supply of currency notes in the country.
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