answersLogoWhite

0

What are the functions of RBI?

User Avatar

Anonymous

14y ago
Updated: 8/17/2019

1. Currency issue

2. Banker's Bank

3. Government Bank

4. Credit Control

5. Foreign Exchange Reserve

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

When the rbi started and its functions?

The Reserve Bank of India was started in the year 1935 during the British Rule. RBI is the central bank of India that regulates and supervises the operations of all the banks that operate within India. Any bank that operates inside the borders of the Indian country, have to follow the guidelines laid down by RBI.


Who was the Rbi's first governor?

Sir Osborne smith was the first RBI governor but the first Indian rbi governor was C.D.Deshmukh who was the third rbi governor


WHERE IS RBI SITUATED?

the RBI is situated in New Delhi


Is it 7 RBI or 7 RBI's?

Formally, since RBI stands for "runs batted in" it should be "seven RBI". However, in virtually universal usage, RBI is treated as a singular noun and therefore seven of them would be "seven RBIs".


What are rbi's functions?

1. Currency issue 2. Banker's Bank 3. Government Bank 4. Credit Control 5. Foreign Exchange Reserve


How does RBI work?

An RBI works like this, if a batter hit the ball, no matter in what situation ( besides getting out with 2 outs) and if they get out or not but they get a run in, it is an RBI. An RBI stands for runs batted in.


Who is the chairman of rbi?

Dr. YV Reddy is the Governor of the RBI


How many RBI's did Roberto Clemente have?

1,305 RBI's in his career.


What is the RBI price on coal on 28 November 2008?

what is the current RBI price on coal what is the current RBI price on coal


What is statutory liquidity ratio of RBI?

the rbi governer should ans this que first tht wht is monetory power of rbi


Who regulates the indian banking?

The Banking System of India is regulated by the Reserve Bank of India or RBI. RBI was established in the year 1935 with headquarters in Mumbai, India to oversee and supervise the banking industry in India. Every bank that functions inside the border of the country of India have to obtain prior approval from RBI before starting services and is bound to follow all the rules and guidelines laid down by them. The primary goal of RBI is to protect the citizens of the country from unfair practices which the banks may indulge in, if left unregulated/unsupervised.


Who was the Cubs rbi leader in 2007?

Aramis Ramirez with 101 RBI.