What is the main role of RBI

What is the main role of Reserve bank of India.. 

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Issuance of note.

Banker to the Government.

Banker’s Bank.

Controller of Credit

Custodian of Foreign Reserves

Formulates and administers the monetary policy.

Acts as the agent of the Government of India in respect to India’s membership of the IMF and the World Bank.

RBI acts as the central clearing house for the inter bank transactions.

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