Which among the following is the main motive of the Reserve Bank of India behind its mechanism known as Devolvement ?

Question:Which among the following is the main motive of the Reserve Bank of India behind its mechanism known as Devolvement ?

1.To counter the problem of low capital in the scheduled banks

2.To counter the problem of low capital in the scheduled banks

3.To handle the problem of discrepancy in accounting systems in banks

4.To control the scheduled banks assets and liabilities

Answer:2