About RBI

a. Reserve Bank of India is India’s Central Banking Institution, which controls the Monetary Policy of the Indian Rupee.
b. Financial yar of RBI is from 1st July to 30th July.
c. It commenced it’s operations on 1 April 1935 during the British Rule in accordance with the provisions of the Reserve Bank of India Act, 1934.
d. RBI plays an important part in the Development Strategy of the Government of India.
e. It is a member bank of the Asian union 

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