Enumerate (Name) the functions of Reserve Bank of India as given under Reserve Bank of India Act, 1934.
CS Executive · Economic, Business and Commercial Laws · PYQS · June 2024
Enumerate (Name) the functions of Reserve Bank of India as given under Reserve Bank of India Act, 1934.
Answer & Explanation:
The functions of the Reserve Bank of India Act, 1934 enumerated as under: Banking Functions Issue bank notes Monetary Policy Functions Public Debt Functions Foreign Exchange Management Banking Regulation & Supervision Regulation and Supervision of NBFCs Regulation & Supervision of Co-operative banks Regulation of Derivatives and Money Market Instruments Payment and Settlement Functions Consumer Protection Functions Financial Inclusion and Development Functions
Topics: Reserve Bank of India Act, 1934
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