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प्रश्न
State the role of Reserve Bank of India
उत्तर
- In India, the Reserve Bank of India issues currency notes on behalf of the Central Government.
- The RBI supervises the functioning of formal sources of loans.
- The RBI monitors the banks in actually maintaining cash balance.
- The RBI sees that the banks give loans not just to profit-making businesses and traders but also to small cultivators.
- Any other relevant point.
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संबंधित प्रश्न
Which one of the following is a modern form of currency?
Which of the following is the main informal source of credit for rural households in India?
Which one of the following agencies issues currency notes on behalf of the government of India?
Which one of the following is not a modern form of money?
The part of the total deposits which a bank keeps with itself in cash is ______.
In early ages, Indians used grains and cattle as ______.
Modern forms of currency includes ______.
Which of the following banks issues currency notes on behalf of the Central government to ______.
No individual in India can ______.
Assertion (A): No individual in India can legally refuse a payment made in rupees.
Reason (R): In India the rupee is authorized by the State Governments.