History, asked by Thelunaticgirl, 1 year ago

Hi , I wanna ask a immatured question...


☺️☺️☺️☺️☺️☺️

We know that India is a poverty strickened country....so y doesn't our Reserved Bank of India , print more and more money and give them to the poor and needy?

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Sorry for this question. Its awfull.

Bye.


Anonymous: hmyes
Anonymous: yes
Anonymous: there we don't have any other with
Anonymous: work
Anonymous: naaa
CoolestCat015: Its not an awful question. But think if RBI literally gave money they printed to poor why would even people work ? To counter this, the prices of goods will rise and the value of the currency would fall. Great question. ^_^
Thelunaticgirl: thanks:)

Answers

Answered by Anonymous
21
then we print . more and more money then the value of money in degrees



RBI reserve gold equal to the value of money ...

Thelunaticgirl: thanks
Answered by Anonymous
32
\underline{\underline{\Huge\mathfrak{Answer ;}}}

Dear Luna ,

It's what , a kind of question that nobody asks ... but I would like to thank you for questioning !

My Views ;-

What i think , that is not the solution to eradicate the poverty rather that will bring down the value of INR.

But keeping your respect towards the poor , to eradicate the poverty we have to prodcue cheaper products, increase exports, provide basic amenities and become competitive.

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- Regards
@ItsDmohit

Thelunaticgirl: thanks thanks thanks thanks thanks:')
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Anonymous: Good night good night good night
athulmathew007: Take care take care take care take care
Anonymous: Awesome answer
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