what are the main functions of RBI ?
60 Views|Posted 2012-09-26 21:03:25
Asked by Uttam Verma A0740493
1 Answer
Answered by
2012-10-19 18:44:27
Main Function of RBI is
A) Bank of Issue
Under Section 22 of the Reserve Bank of India Act, the Bank has the sole right to issue bank notes of all denominations. The distribution of one rupee notes and coins and small coins all over the country is undertaken by the Reserve Bank as agent of the Gove
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