Reserve Bank of India (RBI) - Role and Functions | Indian Economy for UPSC Prelims & Mains 2022-2023

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  • Опубликовано: 4 июл 2024
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    Prepare for your upcoming UPSC Exam with BYJU'S knowledge series. A key topic - Reserve Bank of India (RBI) - Functions and Composition is discussed in the session. This is an important topic in the Indian Economy for UPSC Prelims & Mains 2022-2023.
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    Reserve Bank of India (RBI) is India’s central bank. It controls the monetary policy concerning the national currency, the Indian rupee. The basic functions of the RBI are the issuance of currency, to sustain monetary stability in India, to operate the currency, and maintain the country’s credit system.
    In this session you will learn about the following
    1. Reserve Bank of India (RBI) - Introduction: 00:00
    2. History of RBI- 00:35
    3. Hilton Young Commission- 01:34
    4. Nationalization- 02:56
    5. Functions of RBI: 04:00
    6. Inflation control by RBI: 04:45
    7. RBI's printing of currency notes: 08:22
    8. RBI - Banker to the government: 12:20
    9. Monetary Policy of RBI: 15:46
    10. Banker of Banks & Bank of last resort: 18:46
    11. RBI's Forex management: 21:02
    12. MCLR- 25:30
    Some key aspects that are also covered in this session are RBI governor, the Reserve bank of India headquarters, the Reserve bank of India functions, etc.
    RBI was set up on the recommendations of the "Hilton Young Commission".
    It is the Central Bank of India, established on "1st April 1935" under the "Reserve Bank of India Act". Initially, it was located in Calcutta. It was moved to Mumbai in 1937.
    Initially, RBI was privately owned. Since its Nationalisation in 1949, the Reserve Bank has been owned by the Government of India.
    The major functions of RBI include:
    - Controlling Inflation
    - Printing of currency notes
    - Being the banker to the government
    - Controlling credit/monetary policy
    - Being the banker to banks
    Attending live online sessions helps aspirants revise the UPSC syllabus and stay updated with the recent news related to exam pattern or any other important exam-related aspect.
    Some important previous year's questions are discussed to boost the aspirants' preparation for their upcoming IAS Exam.
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Комментарии • 52

  • @chirag9554
    @chirag9554 2 года назад +10

    You have made the economy so easy to grasp . Thanks a lot sir for perennial effort .

  • @tanujatiwari2414
    @tanujatiwari2414 Год назад +1

    This is for the first time i understood a topic of economics that too all at once without replaying it again and again.
    I think this is evident enough to appreciate the effort to make this video. 👏

  • @tabarejalam5418
    @tabarejalam5418 2 года назад +3

    Sir your lecture is superb. That give me lot of confidence.

  • @shreyaseal7655
    @shreyaseal7655 2 года назад +2

    Thank you so much for the amazing session sir..!!

  • @ashoktrivedi287
    @ashoktrivedi287 2 года назад +1

    Enjoyed very in depth , information research and imparted good knowledge

  • @savirp3031
    @savirp3031 2 года назад +1

    Wonderful lecture,
    tq dir

  • @TCF4548
    @TCF4548 2 года назад +2

    Thank you Sir

  • @s.chowdhury8450
    @s.chowdhury8450 2 года назад +1

    thank you sir , your session is fabulous and very heplfull to understand RBI.

  • @rohithweseley5246
    @rohithweseley5246 2 года назад +1

    Thankyou so much sir for your valuable inputs

  • @lathar9814
    @lathar9814 2 года назад +1

    Thank you sir and byjus

  • @jramesh8910
    @jramesh8910 2 года назад +1

    Very very benificial sir. Thank you for your great efforts

  • @ulterior3052
    @ulterior3052 2 года назад +6

    i think these are two separate functions of RBI while acting as - Banker to the GOI vs Debt manager to GOI

  • @ranjan8813
    @ranjan8813 2 года назад +1

    Thanks so much sir .. Thanks so much sir your video is very helpful for preparation And easily to learnt ...

  • @ManojManoj-jl4hh
    @ManojManoj-jl4hh 2 года назад

    Ty byjus team 💙

  • @manishjangid6885
    @manishjangid6885 2 года назад

    Thankyou sir n team

  • @saikumarandhavarapu1017
    @saikumarandhavarapu1017 2 года назад

    Thank you sirrrr... Thank you byjus

  • @SuperRiya16
    @SuperRiya16 2 года назад

    Thanks a lot sir and Byjus 😇💜

  • @muruganesakki373
    @muruganesakki373 2 года назад

    Thank you so much

  • @RSKumar-vd8lz
    @RSKumar-vd8lz Год назад

    Thank you so much sir.

  • @deshihas5125
    @deshihas5125 9 месяцев назад

    Thanks a lot sir...❤❤❤🎉

  • @yaminigoyal7353
    @yaminigoyal7353 Год назад

    Didn't know there is this much to know about RBI!!!

  • @kranthikumar8878
    @kranthikumar8878 Год назад

    👏👏good sir

  • @shubhampowar9375
    @shubhampowar9375 Год назад

    Thanks again for amazing session sir.
    Please take session on National income

  • @sum877
    @sum877 2 года назад

    Thanku sir 💕 please make a vedio on kind of banks schedule bank, cooperative bank etc.

  • @rajnibeniwal1713
    @rajnibeniwal1713 2 года назад +2

    Sir apki weekly session se pre m direct qus the plz start those sessions...

  • @dadisudheer4430
    @dadisudheer4430 Год назад

    uu made economy as a easy suject....thank uu very much sirr...

    • @BYJUSIAS
      @BYJUSIAS  Год назад

      You're Welcome!
      Watch Target Prelims 2023 Session on ‘How to Prepare for Current Affairs in Under 90 Days?’ at 8 PM today.
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  • @Kajinmei
    @Kajinmei Год назад +1

    Wow l got the explanation in English so helpful..

    • @BYJUSIAS
      @BYJUSIAS  Год назад

      Watch Target Prelims 2023 Indian Economy Session- IV LIVE on 27th April at 7:30 PM
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  • @majeedabegum2394
    @majeedabegum2394 Год назад

    Thank u so much sir ....it's very help ful ... please make more videos on other topics ....

    • @BYJUSIAS
      @BYJUSIAS  Год назад

      Watch our new initiative "The Indian Express This Week" LIVE on 25th Aug, 6:00 PM : ruclips.net/video/f6gLCxAaaU4/видео.html

  • @infocargo7629
    @infocargo7629 Год назад

    sir u r sooo sooooo gud at teaching economy sir.... thankuji...

    • @BYJUSIAS
      @BYJUSIAS  Год назад

      Thank You
      Watch 'The Hindu' Newspaper Analysis for 28 March 2023 | LIVE Today at 10 AM: ruclips.net/user/livegygsbydEtAY
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  • @ashishks3994
    @ashishks3994 Год назад

    Outstanding explanation sir ❤❤

    • @BYJUSIAS
      @BYJUSIAS  Год назад

      We're glad you liked the session! Keep watching, enjoy learning!
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  • @weareIndians...
    @weareIndians... 2 года назад

    Please start weekly discussion
    Please please please please please

  • @katraju.mallesh7054
    @katraju.mallesh7054 Год назад

    Thanking you

    • @BYJUSIAS
      @BYJUSIAS  Год назад

      You’re welcome!
      Join us for Polity This Week | LIVE Today at 8 PM!
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  • @yaminigoyal7353
    @yaminigoyal7353 Год назад

    Amazing session

    • @BYJUSIAS
      @BYJUSIAS  Год назад

      Watch Knowledge Series Latest Videos Playlist here :
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  • @vic_a1819
    @vic_a1819 2 года назад +1

    🔥🔥🔥

  • @princegangwar6137
    @princegangwar6137 Год назад

    You are alike Sermad Sir of economics....

  • @srinivassharma1101
    @srinivassharma1101 2 месяца назад

    Sir, RBI releases new additional currency into market based on which criteria.

  • @rajnibeniwal1713
    @rajnibeniwal1713 2 года назад +3

    Sir please start your weekly economy session.🙏

  • @rajaravi4729
    @rajaravi4729 2 года назад +1

    Thanx sir an byjus for this important series

  • @Kajinmei
    @Kajinmei Год назад

    Hello sir, lam confused to write the Role in 10 points and Functions in 10 points seems similar, may l get different points of the role and functions of RBI..

  • @vishnusudagoni5711
    @vishnusudagoni5711 2 года назад

    What is mean by g securities

  • @santughosh4819
    @santughosh4819 2 года назад

    Dear BYJU'S IAS Team, "The Big News" will be continued or stopped permanently?

  • @vickyramavath8830
    @vickyramavath8830 2 года назад

    Does RBI called
    Banks of bank?

  • @derajh1472
    @derajh1472 2 года назад +1

    In open market operation , RBI is not giving interest rate to Commercial bank were as in Market Stabilization RBI is giving interest rate to Public ? Am I right please let me know ? And also How on Securities / Bond RBI is giving interest rate in Market.

  • @sonalisharma7792
    @sonalisharma7792 Год назад

    Can anybody tell me the name of Sir

    • @BYJUSIAS
      @BYJUSIAS  Год назад

      Watch Target Prelims 2023 International Relations Session- I LIVE on 8th May at 7:30 PM
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