Which government body supervises the functioning of formal sources of loans in India? Explain its functioning.

Asked by Last Modified  

Follow 1
Answer

Please enter your answer

Reserve Bank of India supervises the functioning of formal sources of loans in India. Functions of RBI :- 1)Issue of currency. 2)Banker to government. 3)Formulate monetary policy. 4)Clearing house function. 5)Regulation of banking system,etc.
Comments

Related Questions

How do I manage school and coaching effectively in class 11?
Give Yourself some times to study atleast 1hr-1.5hrs late at night!At night,u first complete all your studies and home work for very next day.If u cant complete withing these hours left it behind and try...
Raj
0 0
7
I am in class 12 commerce, should I join coaching classes for entrances?
If you are targeting CA foundation,you have ample time at your disposal.Hence, if you are self -driven, you can easily crack it by repeatedly solving competitive exam books by various authors after having done with your curriculum basics.
Harish
0 0
5
Is coaching necessary for the CBSE class 12?
Actually for disciplined study you need proper guidance to carry forward your syllabus easily without any hurdles that may be when someone is sharing his or her knowledge with proper guidance and all...
Sriomprakash
0 0
5
Can I manage class 11 with entrance coaching?
You can very well manage class 11 with entrance coaching by making an in-depth study from the word go once you start your curriculum.This will ,in no way hinder the regular stream if and only if exhaustive...
Mukund
0 0
6

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons




Price Elasticity of Demand - Class 12, NCERT, Micro Economics
Perfectly Inelastic and Relatively Inelastic Demand Economics - CBSE Std XIIth, ICSE/ISC, IGCSE/GCSE, State Board

How does trade unions affect labour wages
Trade Unions can play a vital role in affecting the wage rate in the industry. Their methods have the result of either increasing the demand for labor or by either restricting thesupply of substitutable...

Recommended Articles

Learning for every child starts from a very young age. While the formal methods include school curriculums and private lessons, the informal methods include dancing, music, drawing, and various fun-filling activities. Playing games and practising these types of activities helps the children get out of boredom and...

Read full article >

E-learning is not just about delivering lessons online. It has a much broader scope that goes beyond manual paper or PowerPoint Presentations. To understand the reach of E-learning and how the whole process works in developing the Educational system, we will discuss a few points here. Let us find out how this new learning...

Read full article >

While schools provide formal education to the children, the home is where they start learning about things informally. Parents think that schools will take the initiative to educate their children. Well, this is partially true, as parents also play an essential role in bringing up their child. For the development of particular...

Read full article >

With the current trend of the world going digital, electronic renaissance is a new movement that is welcomed by the new generation as it helps makes the lives of millions of people easier and convenient. Along with this rapidly changing movement and gaining popularity of Internet, e-Learning is a new tool that emerging...

Read full article >

Looking for Class 11 Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you