Question

write the functions of Reserve bank of india????

Answer 1

your answer

1)RBI functions as a supervisory authority for the formal sources of credit.
2)Eg.Banks are required to maintain a minimum cash balance out of the deposits recived by them.
3)RBI supervises that the banks give loans not just to the profit making business and traders,but also to the small cultivators and small scale industries.Hope it helped you. :)

Answer 2

Answer:

1)RBI functions as a supervisory authority for the formal sources of credit.

2)Eg.Banks are required to maintain a minimum cash balance out of the deposits recived by them.

3)RBI supervises that the banks give loans not just to the profit making business and traders,but also to the small cultivators and small scale

Explanation: