Social Sciences, asked by keerthana016, 1 year ago

which government supervises the functioning of formal source of loans

Answers

Answered by pranathi47

Answer:

RBI Reserve Bank of India

Explanation:

The Reserve Bank of India (RBI) supervises the functioning of formal sources of credit in India. Two functions of RBI are as listed below: The RBI monitors the banks if they are actually maintaining required cash balance.

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