The Reserve Bank of India (RBI) is India's Central Bank and It commenced its operations on the 1st April 1935 in accordance with the Reserve Bank of India’s Act 1934 . Central Bank plays an important role in the monetary and banking system of our country. There are several functions of the Central Bank, the first function is - 1) Being the currency authority 2) Serve as a banker and agent advisor to the Government 3) Being a banker's Bank and a supervisor 4) Being the controller of money supply and credit To buy - Class 12th Economics Live Class To buy - Class 12th Economics Video Lecture visit us at - https://www.takshilalearning.com/ or call us at 8800-999-280/83/84. Enjoy Learning!
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