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Why does the Reserve Bank of India not issue huge sums of money to eradicate poverty?
Most Governments are always trying to invest in poverty but money is very limited so they usually can't issue enough money.
The government gets money from taxes, some services, and printing money and other things. They can't print out billions of dollars and just issue it all to the poor, it will just cause a huge inflation in the currency and make the currency worthless.
The best way to combat poverty is to donate to trusted groups that specialize in helping the poor. Money, food, toys, clothes and many more things are usually accepted as donations.
What else can I help you with?
Who is authorised to issue coin in India?
Ministry of Finance
Why don't Indian Muslims consider the Kashmir issue important?
The Indian Muslims are the citizens of India. They are supposed to be loyal to India. Thus they don't consider kashmir issue as important as the Pakistanis consider it.
What do you think are most important issue in election of India?
caste & religion
Who was the first king to issue gold coins in India?
Not Kushanas, It was Gupta's, who introduced Gold Coins in India..
Which country used veto power in favor of India on kashmir issue in UNO?
a. u.s.a
Who can issue banknotes in India?
The issue of currency in India is controlled by the Reserve Bank of India.
Does Reserve Bank of India permit issue of MT 760?
No
Who has the sole right to issue paper currency in India?
Reserve Bank of India (RBI)
How does MDG'S goal1 eradicate extreme poverty and hunger relate to personal empowerment?
poverty is a serious issue to people. when a person is hungry he/she will not live a healthy life and won't be happy. so his personal empowerment is down altogether
What type of issue is poverty?
It is a social issue, as poverty is something that is created by society.
Where is reserve bank of India?
The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934. The Central Office of the Reserve Bank was initially established in Calcutta but was permanently moved to Mumbai in 1937. The Central Office is where the Governor sits and where policies are formulated. Though originally privately owned, since nationalisation in 1949, the Reserve Bank is fully owned by the Government of India. The Preamble of the Reserve Bank of India describes the basic functions of the Reserve Bank as: "...to regulate the issue of Bank Notes and keeping of reserves with a view to securing monetary stability in India and generally to operate the currency and credit system of the country to its advantage." RBI is in nearly all major cities...please visit website rbi.org for details
Can you use revaluation reserve to issue share capital?
yes, for a bonus issue
Why does poverty in Africa continue to be an issue?
People starving is an issue regardless of where it might occur.
Do the Federal Reserve Banks issue currency?
Yes
Who is the poorest man in india?
India has lots of poverty. That said, the poorest a man can be is to have 0 dollars, no house, and nothing owned to his name. In India, there are lots of people like that. To answer your question, there are a lot of people who are equally the poorest in India. Hope this helped
Who did the Indian civil right act of 1968 recognized native America issue but did not address ongoing problems with?
poverty :) - apex
When rbi born?
The Reserve Bank of India (RBI) was established on April 1, 1935, under the Reserve Bank of India Act, 1934. It was created in response to the economic challenges faced during the British colonial period, primarily to respond to the financial crises and to regulate the issue of banknotes. The RBI serves as the central banking institution of India, responsible for regulating the country's monetary policy and maintaining financial stability.
