What Are The Main Functions Of Rbi?

1.	What Are The Main Functions Of Rbi?
Answer» Functions of RBI: It formulates implements and monitors the monetary policies. It maintains the price stability and ENSURES ADEQUATE flow of credit. It protects depositor’s interest and provides cost effective banking SERVICES to the public. It manages the Foreign Exchange Management Act, 1999. It provides facility to external trade and payment. It issues and exchanges the currency and COIN and DESTROYS too except 1Rs. It acts as bankers for the central and state government banks. Functions of RBI:

Answer»

Functions of RBI:

It formulates implements and monitors the monetary policies.
It maintains the price stability and ENSURES ADEQUATE flow of credit.
It protects depositor’s interest and provides cost effective banking SERVICES to the public.
It manages the Foreign Exchange Management Act, 1999.
It provides facility to external trade and payment.
It issues and exchanges the currency and COIN and DESTROYS too except 1Rs.
It acts as bankers for the central and state government banks.

Functions of RBI:

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