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Q)In what ways does the Reserve Bank of India supervise the functioning of banks? Whyis this necessary ? |
Answer» Answer:The Reserve Bank of INDIA supervises the functions of BANKS in the following ways: It monitors the banks in actually MAINTAINING cash balance. It ensures that the banks give loans not just to profit-making businesses and traders but ALSO to small CULTIVATORS, small scale industries, to small borrowers etc. |
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