Latest Breaking News On - Bimal jalan - Page 10 : comparemela.com

.RBI generates revenues primarily via seigniorage. It prints money and distributes it through banks, or credits banks with electronic reserves, to help settle transactions in the economy. Typically, it does not pay interest on the currency or reserve liabilities. At times, it also makes money by buying dollars when the rupee is strong and selling them when the rupee is weak. It incurs costs, too, an important one being that of printing and replacing currency notes.

Bimal jalanRakesh mohanGovernor of the bankFederal reserveBank boardCase of the central bankIndependent regulatory institutionsCentral bankReserve bank boardReserve bankIndia actUrjit patelRbi reserves