Question

write functions of RBI bank

Answer 1

Hi there ☺

Functions of RBI-


1)The main functions of the RBI include: Monetary authority: formulates, implements and monitors India's monetary policy, the main objectives of which are maintaining price stability, ensuring adequate flow of credit to productive sectors, and financial stability.

2)It supervises the banks so that they ensure that they not only give loans to profit making business men but also to small/poor people.

3)It also runs note printing .


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