RBI Wikipedia

https://educationallyear.blogspot.com/2020/08/rbi-wikipedia.html?m=1

introduction 

what is RBI ?

the reserve bank of India is india central bank, which controls the issue & supply of the Indian rupee . 

rbi plays an important role development  strategy of the government  of india . 

Where is the head office of RBI ?

The head office of RBI at Mumbai. 

Who is a governor of RBI ? 

Shaktikanta Das (IAS)

the chief executive officer of Indian central bank and the ex- officio chairperson of its central border of directors 

RBI act 1934  

RBI bank has the power to issue notes . the notes that issues is the unit of RBI .

BHARTIYA RESERVE BANK NOTE MUDRAN  . PVT .LTD . 

• RBI can only print up to 10,000 rupee notes .
• if she wants to print a bigger note that then she has to amendment the RBI ACT 1934
  

Four printing press in india 

• Maharashtra in nasik 
• madhya pradesh  in devash 
• karnataka in mesore
• west bangal in salboni 

RBI has control on mesore & salboni .

INDIA govt control on nasik & devash .

RBI schedule gives the press in the start of the year how many notes to be printed .

coinage Act 1906

 According to the act the transportation of coin is in the hands  of the government of india .

cleaning of coin in India  

there are 4 places of cleaning the coin in india .

• kolkata in india 
• hyderabad in sefabad 
• hyderabad in cherlapaalli
• uttar pardesh  in noida 

according to this act a government of india has issue a coin upto 1000 

 

Repo Rat 

When the small bank  needs money, then he asks for RBI . it pay a loans that  is called a repo rat.