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Rbi issues the govt securities in India
Central Banks
MEASURES OF MONEY SUPPLY IN INDIAThe Reserve Bank of India defines the monetary aggregates as:Reserve Money (M0): Currency in circulation + Bankers' deposits with the RBI + 'Other' deposits with the RBI = Net RBI credit to the Government + RBI credit to the commercial sector + RBI's claims on banks + RBI's net foreign assets + Government's currency liabilities to the public - RBI's net non-monetary liabilities.M1: Currency with the public + Deposit money of the public (Demand deposits with the banking system + 'Other' deposits with the RBI).M2: M1 + Savings deposits with Post office savings banks.M3: M1+ Time deposits with the banking system = Net bank credit to the Government + Bank credit to the commercial sector + Net foreign exchange assets of the banking sector + Government's currency liabilities to the public - Net non-monetary liabilities of the banking sector (Other than Time Deposits).M4: M3 + All deposits with post office savings banks (excluding National Savings Certificates).
explain the inflationary position in india. describe its causes and mention the steps taken by rbi governor to control inflation
techniques of monetary control of rbi
RBI
RBI, the Reserve Bank of India, was established in 1935 and was privately owned. The government of India took over the bank in the nationalization in 1949.
RBI
government securities
RBI, the Reserve Bank of India, was established in 1935 and was privately owned. The government of India took over the bank in the nationalization in 1949.
Repo is like a repurchase agreement.The rate at which RBI sells securities to bank. But, bank rate is the rate by which RBI lends money to commercial banks. Annu Prakash
1949 After the Partition of India in 1947, the Bank served as the central bank for Pakistan until June 1948 when the State Bank of Pakistan commenced operations. Though originally set up as a shareholders' bank, the RBI has been fully owned by the Government of India since its nationalization in 1949.
Banking system in India is monitored by an agency called RBI. RBI grants licenses to new banks after consulting it with government agencies.
RBI
Rbi issues the govt securities in India
Hack Wilson
for 4 years