Commerce Notes

Achievements of the Reserve Bank of India

Achievements of the Reserve Bank of India
Achievements of the Reserve Bank of India

What are the achievements of the Reserve Bank of India?

Achievements of the Reserve Bank of India

Following are the achievements of the Reserve Bank of India:

1. Adoption of Flexible Policy of Monetary Regulation- The Reserve Bank of India has adopted a flexible monetary policy. It has make efforts to meet the pressure of seasonal demand.

2. Government’s Bank – The Reserve Bank of India has make remarkable function in the area of the Government banker.

3. Stability in Rate of Interest – The Reserve Bank has made remarkable function in establishing stability in the rates of interest.

4. Clearing House – Clearing system is very helpful in transactions of the R. B. I. In the present time clearing work is also done with the help of computer.

5. Note Issue Work – It is the main function of the R.B.I. R.B.I. ha done this work in the good manner.

6. Proper Arrangement of Public Debts- R. B. I. is th Government banker. This bank provides proper public debt arrangement.

7. Successful in Keeping the Exchange Rate Stable – Although the devaluation of Indian rupee has been done three times, but exchange rate is stable.

8. Establishment of Bill Market – The Reserve Bank of India has established well organised bill market in 1952.

9. Credit Control Policy – The Reserve Bank of India has made man efforts to control the credit.

10. Collection and Publication of Economic Data – Statistic Department of the Reserve Bank of India has successfully collected an published data in respect of money, credit, co-operation, agriculture industrial production etc.

11. Cheap Services of the Money Transfer – The R. B. I. has made cheap facilities for transfer the money.

12. Industrial Financing – The Reserve Bank of India has provide his co-operation to small and cottage industries. R. B. I. has granted financial assistance to Industrial Finance Corporation, State Financial Corporations Industrial Development Banks etc. Reserve Bank purchases shares o debentures of these banks.

13. Other Achievements of the Reserve Bank of India – In addition to above following are some other achievements of the Reserve Bank of India:

  1. Success in note issue functions,
  2. An advisor of the Government,
  3. Suitable arrangement of public debts,
  4. Successful in regulating the banking system of the country,
  5. Good contribution in the field of agricultural finance.
  6. Work of research and investigation,
  7. Financing of five year plans,
  8. Financing to the banks,
  9. Assistance to the L. I. C.

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Anjali Yadav

इस वेब साईट में हम College Subjective Notes सामग्री को रोचक रूप में प्रकट करने की कोशिश कर रहे हैं | हमारा लक्ष्य उन छात्रों को प्रतियोगी परीक्षाओं की सभी किताबें उपलब्ध कराना है जो पैसे ना होने की वजह से इन पुस्तकों को खरीद नहीं पाते हैं और इस वजह से वे परीक्षा में असफल हो जाते हैं और अपने सपनों को पूरे नही कर पाते है, हम चाहते है कि वे सभी छात्र हमारे माध्यम से अपने सपनों को पूरा कर सकें। धन्यवाद..

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