Understanding the Role of RBI in India's Economy and Financial System | By ‪@sriramsiasofficial‬

The Reserve Bank of India (RBI) is the central bank of India, responsible for regulating the monetary policy of the country. The RBI was established on April 1, 1935, under the Reserve Bank of India Act, 1934, and nationalized in 1949. The RBI plays a vital role in managing the Indian economy and has several functions that are crucial to the overall functioning of the financial system in India. -------------------------- Presenting you the first-ever batch of Sriram’s IAS on Unacademy. Join our Telegram Channel 👉https://t.me/unartic Kickstart your UPSC CSE 2024 preparation with Foundation batch of UPSC CSE 2024 by Sriram’s IAS only at 18,499/- Get Access to Live classes by Top Educators of Sriram’s IAS Comprehensive English Courses as per the latest syllabus in 600 Hrs Dedicated Doubt Solving classes & Updated Current Affairs sessions. Use code SRIRAMS to get an additional 25% discount. Click here to know more, https://unacademy.com/store/batch/fou... ----------------------------------- 📢📢UAIPMT 🔊🔊 Launching Unacademy All India Prelims Mock Test for UPSC CSE Take the test in Online mode or at Offline test centers ⏰ April 29 2023 | 9:30 AM onwards Highlights: ✅Offline timed test - OMR experience ✅Based on the latest Prelims exam pattern ✅Curated by India’s Top Educators ✅Know your All India Rank Enroll for Free: https://unacademy.com/scholarship/UAI... Call our team on 8585858585 and take your UPSC CSE Preparations to the next level. Let's Crack It! #upsc #economy #rbi #financialsystem #indianeconomy #upsccse #economyforcompetitiveexams #economyforupsc #rbinews #understanding #ias #ips #competitiveexams