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1. Which of the following controls the bankingfunctions centrally in India?(a)Central Bank(b) SBIc) BBI(d) Ministry of Finance |
| Answer» <p>reserve bank of india</p> <p>c) RBI (Reserve Bank of India)🇮🇳I hope it will help you👉👳</p> <p>Reserve Bank of India RBI</p> <p>c) RBI is👍answer please choose best </p> <p>option 'c' is the right answer</p> <p>Rbi is the right answer </p> <p>Reserve Bank of India</p> <p>reserve bank of india</p> <p>option (C ) RBI (Reserve bank of India) </p> <p>Reserve Bank of India</p> <p>option (c) RBI is the right answer.</p> <p>RBI is the correct answer of the given question</p> <p>reserve bank of India(RBI) controls the banking functionally centrally</p> <p>Reserve bank of India</p> <p>India's central bankis known as the ReserveBank of India(RBI). Its role is to foster financial stability and regulateIndia'scurrency and credit. Founded in 1935, thebanksets monetary policy for the country. It is fully owned by the government ofIndiaand is run by a government-appointed board of directors.</p> <p>India's central bankis known as the ReserveBank of India(RBI). Its role is to foster financial stability and regulateIndia'scurrency and credit. Founded in 1935, thebanksets monetary policy for the country. It is fully owned by the government ofIndiaand is run by a government-appointed board of directors.</p> <p>Eightmajor functionsofcentral bankin an economy are as follows: (1)Bankof Issue, (2) Banker, Agent and Advisor to Government, (3) Custodian of Cash Reserves, (4) Custodian of Foreign Balances, (5) Lender of Last Resort, (6) Clearing House, (7) Controller of Credit, and (8) Protection of Depositor's Interest.</p> | |