Which of the following is a function of the RBI that supports inclusive growth?

Which of the following is a function of the RBI that supports inclusive growth?

Step 1: Understand what RBI stands for. RBI is the Reserve Bank of India.
Step 2: Know that the RBI has many functions, one of which is to promote financial literacy.
Step 3: Realize that financial literacy means helping people understand money, banking, and finance.
Step 4: Recognize that when people are financially literate, they can make better financial decisions.
Step 5: Understand that making informed financial decisions helps individuals and communities grow economically.
Step 6: Conclude that promoting financial literacy by the RBI supports inclusive growth, meaning everyone can benefit.

No concepts available.