Qualitative and Quantitative Control measures of Rbi Upsc

Banking in India

RBI ( Reserve Bank of India) It was set up in 1935 by virtue of the RBI act, 1934. It was set up as a private bank but was nationalized on January 1, 1949. The Banking Regulation Act was also passed in 1949. RBI acts as a government bank for both central and state governments. … Read more

* * All the Notes in this blog, are referred from Tamil Nadu State Board Books and Samacheer Kalvi Books. Kindly check with the original Tamil Nadu state board books and Ncert Books.