Transcript
Co
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ct:
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1
or
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tact
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om
Fu
nd
am
en
tals
of
Eco
no
mic
s
CE
NT
RA
L B
AN
K
AN
D I
TS
FU
NC
TIO
N A
ge
nd
a
Ce
ntr
al
ba
nk
, m
ea
nin
g a
nd
de
fin
itio
n
RB
I, c
en
tra
l b
an
k o
f In
dia
Fu
nct
ion
s o
f ce
ntr
al
ba
nk
Wa
tch
th
e v
ide
o a
t -
htt
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ww
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To d
ow
nlo
ad
sli
de
s, g
et
com
ple
te n
ote
s, t
est
se
rie
s a
nd
stu
dy
ma
teri
al v
isit
htt
p:/
/ww
w.d
oo
rste
ptu
tor.
com
/
De
cem
be
r 1
0,
20
14
Exa
mra
ce,
De
c-1
4
1
Co
nta
ct:
+9
1-9
99
-80
0-8
85
1
or
con
tact
us@
exa
mra
ce.c
om
Ce
ntr
al b
an
k o
f In
dia
De
cem
be
r 1
0,
20
14
Exa
mra
ce,
De
c-1
4
htt
ps:
//w
ww
.yo
utu
be
.co
m/w
atc
h?
v=
dM
fA9
WH
KxY
Co
nta
ct:
+9
1-9
99
-80
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85
1
or
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tact
us@
exa
mra
ce.c
om
Len
de
r o
f th
e la
st r
eso
rt
AD
VA
NTA
GE
S
Incr
ea
ses
the
ela
stic
ity
an
d l
iqu
idit
y o
f th
e w
ho
le c
red
it
stru
ctu
re o
f th
e e
con
om
y
En
ab
les
the
co
mm
erc
ial b
an
ks t
o c
arr
y o
n t
he
ir a
ctiv
itie
s e
ven
wit
h t
he
ir l
imit
ed
ca
sh r
ese
rve
s
Pro
vid
es
fin
an
cia
l h
elp
to
th
e c
om
me
rcia
l b
an
ks i
n t
ime
s o
f e
me
rge
ncy
en
ab
les
the
ce
ntr
al
ba
nk
to
exe
rcis
e it
s co
ntr
ol o
ver
ba
nk
ing
sy
ste
m o
f th
e c
ou
ntr
y
De
cem
be
r 1
0,
20
14
Exa
mra
ce,
De
c-1
4
htt
ps:
//w
ww
.yo
utu
be
.co
m/w
atc
h?
v=
dM
fA9
WH
KxY
Co
nta
ct:
+9
1-9
99
-80
0-8
85
1
or
con
tact
us@
exa
mra
ce.c
om
Cle
ari
ng
ag
en
t A
DV
AN
TAG
ES
Eco
no
mie
s th
e u
se o
f ca
sh b
y b
an
ks w
hil
e s
ett
lin
g
the
ir c
laim
s a
nd
co
un
ter
Re
du
ces
the
wit
hd
raw
als
of
cash
an
d t
he
se e
na
ble
th
e
com
me
rcia
l ba
nks
to
cre
ate
cre
dit
on
a l
arg
e s
cale
-cl
aim
s
Ke
ep
s th
e c
en
tra
l b
an
k f
ull
y in
form
ed
ab
ou
t th
e
liq
uid
ity p
osi
tio
n o
f th
e c
om
me
rcia
l ba
nks
D
ece
mb
er
10
, 2
01
4
E
xam
race
, D
ec-
14
htt
ps:
//w
ww
.yo
utu
be
.co
m/w
atc
h?
v=
dM
fA9
WH
KxY
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