Discuss the importance of Central Bank and Commercial Banks in Indian context for the economic development of the country in light of the functions they perform.

Discuss the importance of Central Bank and Commercial Banks in India

1.	Discuss the importance of Central Bank and Commercial Banks in Indian context for the economic development of the country in light of the functions they perform.
Answer» ひり乇ᵢₜ ₚₑᵣfₒᵣₘₛ ᵢₜₛ fᵤₙcₜᵢₒₙₛ wᵢₜₕ ₜₕₑ ₕₑₗₚ ₒf cₒₘₘₑᵣcᵢₐₗ bₐₙₖₛ. ₜₕₑ cₑₙₜᵣₐₗ bₐₙₖ ᵢₛ ₐccₒᵤₙₜₐbₗₑ fₒᵣ ₚᵣₒₜₑcₜᵢₙg ₜₕₑ fᵢₙₐₙcᵢₐₗ ₛₜₐbᵢₗᵢₜy ₐₙd ₑcₒₙₒₘᵢc dₑᵥₑₗₒₚₘₑₙₜ ₒf ₐ cₒᵤₙₜᵣy. ₐₚₐᵣₜ fᵣₒₘ ₜₕᵢₛ, ₜₕₑ cₑₙₜᵣₐₗ bₐₙₖ ₐₗₛₒ ₚₗₐyₛ ₐ ₛᵢgₙᵢfᵢcₐₙₜ ₚₐᵣₜ ᵢₙ ₐᵥₒᵢdᵢₙg ₜₕₑ cycₗᵢcₐₗ fₗᵤcₜᵤₐₜᵢₒₙₛ by cₒₙₜᵣₒₗₗᵢₙg ₘₒₙₑy ₛᵤₚₚₗy ᵢₙ ₜₕₑ ₘₐᵣₖₑₜ.ʜᴏᴘᴇ ɪᴛ'ꜱ ʜᴇʟᴘꜱ ʏᴏᴜ