Economy-UPSC notes

'Balance sheet of RBI' UPSC Mains 250 words in Kannada | RBI ಯ ಬ್ಯಾಲೆನ್ಸ್ ಶೀಟ್

'Balance sheet of RBI' UPSC Mains 250 words in Kannada | RBI ಯ ಬ್ಯಾಲೆನ್ಸ್ ಶೀಟ್

UPSC MAINS 250-300 WORDS - in Kannada + English | Scroll down For Kannada Version Balance sheet of RBI (A summary of assets and Liabilities) INTRO : The Reserve Bank of India's (RBI) balance sheet provides a snapshot of its financial position, summarizing its assets and liabilities. Understanding this balance sheet is essential for grasping how the RBI manages India’s monetary policy, currency, and financial stability. Liabilities Currency in Circulation : The RBI is responsible for issuing currency in India. The currency notes and coins in circulation represent a significant liability for the RBI, as these are claims that people hold against the central bank. Deposits : This includes government deposits, commercial bank deposits, and balances from other financial institutions. Government deposits are primarily maintained for transactions with the central government, while bank deposits ensure liquidity in the banking system. Reserves : The RBI holds contingency and asset development reserv…

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