General Knowledge - Indian Economy - Discussion
Discussion Forum : Indian Economy - Indian Economy (Q.No. 1)
1.
The central banking functions in India are performed by the
- Central Bank of India
- Reserve Bank of India
- State Bank of India
- Punjab National Bank
Discussion:
102 comments Page 1 of 11.
Spainmiki said:
2 years ago
The Reserve Bank of India (RBI) is the central banking institution of India responsible for regulating the monetary policy and controlling the supply of money in the country. It acts as a banker to the government and other commercial banks, manages foreign exchange reserves, and supervises the financial system.
On the other hand, the Central Bank of India (CBI) is a commercial bank that provides various banking services to its customers, such as loans, deposits, and other financial products. It is one of the oldest and largest commercial banks in India, with a wide network of branches and ATMs across the country.
In summary, the RBI is the central bank of India responsible for regulating the monetary policy and controlling the supply of money, while the CBI is a commercial bank that provides various banking services to its customers.
So, RBI is the central bank of India while CBI can't be the RBI.
On the other hand, the Central Bank of India (CBI) is a commercial bank that provides various banking services to its customers, such as loans, deposits, and other financial products. It is one of the oldest and largest commercial banks in India, with a wide network of branches and ATMs across the country.
In summary, the RBI is the central bank of India responsible for regulating the monetary policy and controlling the supply of money, while the CBI is a commercial bank that provides various banking services to its customers.
So, RBI is the central bank of India while CBI can't be the RBI.
(3)
Ashok kalo said:
8 years ago
What is the monetary policy? anybody answer it?
(2)
Surya IAS said:
1 decade ago
RBI takes care of Monetory Policy in India for details http://www.rbi.org.in/Scripts/Annualpolicy.aspx
(1)
C.Jayaramakrishnan said:
7 years ago
Which is the correct answer? Please tell me.
(1)
Subhash said:
6 years ago
APEX means?
(1)
Neeraj said:
2 years ago
The Central Bank of India and The Reserve Bank of India are both same right?
(1)
Kumar said:
2 decades ago
RBI ACTS AS A BIG FATHER OF BANKS IN INDIA and all the control of banks been done by RBI only.
SAJID said:
1 decade ago
NO DOUBT RBI IS CENTRAL BANK TO INDIA
SUBHAJIT said:
1 decade ago
RBI IS THE APEX BANK IN INDIA.
BRIJ said:
1 decade ago
RBI IS The ZENITH BANK OF INDIA
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