TNPSC Current Affairs and GK Today: Reserve Bank of India Started Day April 01, 2017. Notes about Reserve Bank of India in Tamil for State, Central Government Jobs.
The Reserve Bank of India (RBI)
The Reserve Bank of India (RBI)
The Reserve Bank of India (RBI) is India's central banking institution, which controls the monetary policy of the Indian rupee. It commenced its operations on 1 April 1935 during the British Rule in accordance with the provisions of the Reserve Bank of India Act, 1934. A Central Bank is an independent apex monetary authority which regulates banks and provides important financial services like storing of foreign exchange reserves, control of inflation, monetary policy report.