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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 agencies issues currency notes on behalf of the government of India?
Which one of the following is not a modern form of money?
Currency is issued in India by ______.
The part of the total deposits which a bank keeps with itself in cash is ______.
Money is something that can act as a medium ______.
In early ages, Indians used grains and cattle as ______.
No individual in India can ______.
Since the deposits in the bank accounts can be withdrawn on demand, these deposits are called ______.
Differentiate between Fixed and Floating exchange rate.
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.
