Study SimplifyStudy Simplify

Class 12 Economics Notes · GSEB

Central Bank — Reserve Bank of India (RBI)

Central Bank — Reserve Bank of India (RBI) — defines the apex bank and lays out its five monetary and three non-monetary functions. GSEB Class 12 Commerce Economics notes with an RBI milestone card, a function map and a banker-to-government explainer.

Written by Sahil, Commerce Educator · Reviewed by the Study Simplify editorial team · Last updated: 30 Oct 2026

Notes

Central Bank — Reserve Bank of India (RBI)

Learn what an apex bank does, when the RBI was established and nationalised, and its five monetary and three non-monetary functions. GSEB Class 12 Commerce Economics notes.