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pcs mains examinations

The Role of the Reserve Bank of India (RBI) in Regulating the Financial Sector

Introduction The Reserve Bank of India (RBI), the central bank of India, plays a pivotal role in the regulation and supervision of the country’s financial system. Established in 1935, the RBI’s core functions include managing the monetary policy, regulating banks and financial institutions, maintaining financial stability, and ensuring the integrity of the financial markets. The…

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pcs mains examinations

Financial Inclusion in India: Evaluating the Role of PM Jan Dhan Yojana and Digital India

Introduction Financial inclusion has emerged as a cornerstone of equitable economic development in the 21st century. It refers to the process of ensuring access to appropriate financial products and services—such as savings accounts, credit, insurance, pensions, and digital payments—to all sections of society, particularly the underprivileged and marginalized. In a country like India, with its…

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