1.

What Are The Functions Of Rbi?

Answer»

The functions of Reserve Bank of India (RBI) cab be broadly CLASSIFIED into to as follows:

1) Monetary Functions:
a) Bank of Note Issue
b) Currency Chest
c) Banker to Government
d) Bankers Bank
e) Lender of the Last Resort
f) Banker, Agent & Adviser to the Government
g) Custodian of the Cash Reserves of Commercial Banks
h) Custodian of FOREIGN BALANCES of the Country
i) Controller of Credit

2) Non-Monetary Functions:
a) SUPERVISORY Functions
b) Promotional Functions

The functions of Reserve Bank of India (RBI) cab be broadly classified into to as follows:

1) Monetary Functions:
a) Bank of Note Issue
b) Currency Chest
c) Banker to Government
d) Bankers Bank
e) Lender of the Last Resort
f) Banker, Agent & Adviser to the Government
g) Custodian of the Cash Reserves of Commercial Banks
h) Custodian of Foreign Balances of the Country
i) Controller of Credit

2) Non-Monetary Functions:
a) Supervisory Functions
b) Promotional Functions


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