Question

why is R.B.I called as the mother of all banks.​

Answer 1

Answer:

It does so by controlling the flow of money in the economy. When other banks are in a problem, they approach the Central Bank for assistance. Hence it is also called as a banker's bank. In India, the Reserve Bank of India is the Central Bank.

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Answer 2

Answer:

RBI called the "mother of all banks" discussed below:

• The RBI controls the flow of currency within the economy.

• The RBI played a very vital role in the economy of the country it helps to provoke the growth and control inflation in the country.

• The RBI plays a leading role in regulating, supervising, organizing, running and developing the financial and monetary system.

• The RBI provides currency and operated the clearing system for the government banks.

• The RBI function as the government's and banker's bank.

• The RBI supervises the operations of credit institutions.

• It regulates the other banks in the country.