INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)
The Reserve Bank of India is the Central bank of India. It was established on 1 April 1935 under a special act of the parliament, “The Reserve Bank of India Act 1934”. in the beginning, the headquarters of RBI was established in Calcutta. However, soon after, in 1937. it was permanently shifted to Mumbai.
As of October 2021, the Governor of the Reserve Bank of India is Mr. Shaktikanta Das. He is the 25th RBI Governor. It is responsible for determining the country’s monetary policy.
Reserve Bank of India is the Regulator of India’s Banking System and therefore is the most prominent bank in our country. it is also the central bank and plays a crucial role in the Indian Economy.
Reserve Bank of India is playing Important and Vital Role in Economic Development of India. The RBI handles many functions, including implementing monetary policy and issuing currency. India has reported some of the best gross domestic product (GDP) growth rates in the world. We are going to study on functions and role of Reserve Bank of India and Its Impact on Economic Development of India.
Keywords:
RBI, Organization and Management, Functions & Role, and Its Impact on Economic Development of India.
Cite Article:
"A Critical Analysis on Function & Role of Reserve Bank of India and Its Impact on Economic development of India", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.7, Issue 4, page no.678-682, April-2022, Available :http://www.ijnrd.org/papers/IJNRD2204080.pdf
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ISSN:
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
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