Reserve Bank of India

role of the central bank(reserve bank of india) in any economy with special reference to the indian scenario?

role of the central bank(reserve bank of india) in any economy with special reference to the indian scenario

Public Comments

1. 1. Formulate and implement monetary policy to stabilise price situation without hurting economic growth significantly, 2. Regulate and Supervise commercial banking. 3. Provide opinion on the current economic situation and outlook. 4. Use scientific knowledge with modesty while doing 1,2 and 3 above and avoid yielding to pressures from Govt. and politicians. 5. Do not talk much and try to control and show powers to determine economic outcome or lawful economic activities by economic agents.