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in Reserve Bank of India (RBI) and Its Functions by (44.1k points)
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Specify the main functions of Reserve Bank of India.

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The main functions of Reserve Bank of India are as follows : 

  • Issuance of currency 
  • Government’s banker and its loan management
  • Banker for banks 
  • Regulation of financial institutions and their monitoring 
  • Management of foreign currency 
  • Regulation and monitoring of payment and settlement systems 
  • To maintain financial ownership.

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