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10-04-2022
Social Studies

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describe the significance of RBI

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bandy46754 bandy46754

13-04-2022

Answer:

The RBI acts as a regulator and supervisor of the overall financial system. This injects public confidence into the national financial system, protects interest rates, and provides positive banking alternatives to the public. Finally, the RBI acts as the issuer of national currency.

Explanation:

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