Advertisements
Advertisements
Question
Mention three credit control functions of the Reserve Bank of India.
Answer in Brief
Solution
Three credit control functions of RBI are:
- Stabilising the nation's currency rate and money market.
- To always provide for the financial needs of the economy.
- To stabilise the overall pricing level.
shaalaa.com
Control of Credit by Reserve Bank of India
Is there an error in this question or solution?
