RBI meaning is_______________
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RBI is the central bank of India which is responsible for the issue and supply of the Indian rupee and the regulation of the Indian banking system.
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Answer:
RBI meaning is Reserved Bank of India.
Explanation:
The Reserve Bank of India (RBI) is the central bank of India, which was established on Apr. 1, 1935, under the Reserve Bank of India Act. The Reserve Bank of India uses monetary policy to create financial stability in India, and it is charged with regulating the country's currency and credit systems.
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