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Describe the significance of the Reserve …

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Describe the significance of the Reserve Bank of India

    • Posted by Aditya Goswami 1 year, 11 months ago

    CBSE > Class 10 > Social Science
    • 1 answers

    Soniya Yadav 1 year, 11 months ago

    The RBI acts as a regulator and supervisor of the overall financial system. This injects public confidence into the national financial system, protects interest rates, and provides positive banking alternatives to the public. Finally, the RBI acts as the issuer of national currency.

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