Reserve Bank of India (RBI) is India’s central bank. It controls the monetary policy with respect to the national currency, the Indian rupee. The basic functions of the RBI are the issuance of currency, to sustain monetary stability in India, to operate the currency and maintain the country’s credit system. What is RBI? RBI is … Read more UPSC Prelims 2020 Important Topics: Reserve Bank of India
RBI India inflation growth: Indian Economy is being through a slowdown, and in this scenario, the efficacy of RBI’s Inflation targeting process has come under criticism, stating it as a reason behind this slowdown.#RBI #Inflation #India So, the process of inflation targeting and the benefits accrued due to it and the possible reasons (apprehensions) behind … Read more RBI’S INFLATION TARGETING PROMOTES INDIA’S GROWTH?