Functions of Reserve Bank of India
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Questions and Answers

What institution has the right to print Indian currency?

Reserve Bank of India

What is the function of the Reserve Bank of India as a banker to the government?

Managing government's accounts and providing financial advice

What is one of the important functions of the Reserve Bank of India?

Controlling credit and currency supply

What are non-banking financial institutions mentioned in the text?

<p>Financial institutions other than traditional banks</p> Signup and view all the answers

What are the two types of financial institutions mentioned in the text?

<p>Banks and non-banking financial institutions</p> Signup and view all the answers

What do financial institutions facilitate according to the text?

<p>Formal transactions like deposits</p> Signup and view all the answers

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