Economy, asked by kriti742, 5 months ago

why supervision of RBI on formal sector of credit is necessary?

Answers

Answered by IammHima

1

Answer:

It is necessary Bcz RBI looks over the sector and the functioning of people working in that particular sector.

RBI prevents any type 9f fraud and robbery of credit from the sector. In it's absence formal sector will work on their own ideals

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