Write 5 function of the Reserve Bank of India
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1.Financial Supervision
2.Regulator and supervisor of the financial system.
3.Regulator and Supervisor of the Payment and Settlement Systems.
4.Banker and Debt Manager to Government.
5.Managing foreign exchange and etc.
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the reserve bank of india supervised the functioning of formal sources of loans .the RBI monitors the banks in actually maintaining cash balance.RBI sees that the banks give loans not just to profit making business and traders but also to small scale traders.Periodically banks have to submit the informations lending ,to whom, at what interest rate etc
moumita67:
i need the answer in point
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