your opinion about RBI
kritiss2003:
hnmm.... basically RBI is the institution who issued money or currency of our country so it's regulates inflation and deflation in an economy by regulating money supply , helps in foreign exchange maintenance
yaa it has an authority to do that
no one instead of it do this work ,it's just like monopoly
on this work
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Answer:
The RBI's approach is correct. There’s no point targeting inflation if growth is waning and the very thing you’re aiming at is dormant. Thursday's quarter-point reduction in the benchmark rate, the third in as many policy meetings, underscores the theme: “Growth impulses have weakened significantly,’
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Explanation:
RBI stands for reserve Bank of India which is head of all the government banks And this is responsibility of RBI that No one does fraud with people. It warns us and gives solutions for the problems faced by people
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