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Role and Functions of the RBI
The Reserve Bank Of India (RBI) is the Central Bank in India. The main functions of RBI are: 1. Monetary authority 2. Issuer of currency 3. Banker and debt manager to Government 4. Banker to Banks 5. Manager of Foreign Exchange 6. Regulator and Supervisor of the Payment and Settlement Systems 7. Maintaining financial stability 8. Developmental ...
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