Reserve Bank of India

The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934. Though originally privately owned, since nationalization in 1949, the Reserve Bank is fully owned by the Government of India. The Preamble of the Reserve Bank of India describes the basic functions of the Reserve Bank as: "to regulate the issue of Bank notes and keeping of reserves with a view to securing monetary stability in India and generally to operate the currency and credit system of the country to its advantage; to have a modern monetary policy framework to meet the challenge of an increasingly complex economy, to maintain price stability while keeping in mind the objective of growth."

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    • نيسان 2024
      المصدر: Reserve Bank of India
      تم التحميل بواسطة: Knoema
      تم الوصول في: 02 أيار, 2024
      تحديد مجموعة بيانات
      Note: 1) Country-wise data on imports for the year 1999-2000 do not add up to total imports on account of revision in the total imports. 2) Data for European Union exclude UK from 2020-21 onwards.