Major Functions of Reserve Bank (RBI)

Functions of Reserve Bank of India (RBI)

Question – What are the major functions of the Reserve Bank of India (RBI)? Answer – Reserve Bank (RBI) was established on 1 April 1935 as the central bank of the country. In the beginning, the Reserve Bank was a body of shareholders. Its authorized capital was Rs 5 crore, divided into 55 lakh shares …

Functions of Reserve Bank of India (RBI) Read More »