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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

Monetary Policy Tools in India and the Role of RBI in Controlling Inflation

Introduction Monetary policy is a critical component of a country’s macroeconomic management. It involves regulating the money supply, interest rates, and credit availability in the economy to maintain price stability, ensure adequate liquidity, and foster economic growth. In India, the Reserve Bank of India (RBI) is entrusted with the responsibility of formulating and implementing monetary…

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