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How RBI is saving India from Economic Crisis? | What does RBI do?
In this video, Abhi and Niyu discuss how RBI earns 2 lakh crores and saves Indian economy. A lot of people think the only role of RBI is to print money - which is far from the truth. In this video, Abhi and Niyu discuss how RBI makes money, how RBI spends money, and most importantly how RBI plays an important role in saving India s economy. This laxmipujan, let s dive deep into our India s true Laxmi, RBI. #RBI #indianeconomy #abhiandniyu A video by Abhiraj Rajadhyaksha u0026 Niyati Mavinkurve What is RBI? The Reserve Bank of India (RBI) is the country s central banking institution and monetary authority. Established in 1935, it plays a pivotal role in India s financial system. RBI regulates the issuance and supply of the Indian Rupee, ensuring price stability and controlling inflation. It formulates and implements monetary policies, manages foreign exchange reserves, and supervises the banking sector to maintain financial stability. RBI acts as the banker to the Indian government, handling its financial transactions. Additionally, it conducts research and provides economic analysis to support informed policymaking. In essence, the RBI serves as the guardian of India s monetary and financial stability, shaping the nation s economic landscape. How Indian economy is doing? The Indian economy has emerged as a global economic bright spot, marked by robust growth and substantial potential. With a population of over 1.3 billion and a burgeoning middle class, India offers a vast consumer market. Economic reforms, such as the Make in India initiative, ease of doing business improvements, and infrastructure investments, have attracted foreign investments. Additionally, the technology sector has flourished, making India a global IT hub. Its young workforce is a demographic advantage, contributing to innovation and productivity. While challenges persist, including income inequality and infrastructure gaps, India s economic trajectory positions it as a prominent playe . :::: Visit my YouTube channel @ Abhi and Niyu ( [ 🔗 Click ‼️ ]] )
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