This
paper includes a brief introduction about how various financial sector reforms have
provided the Indian economy with a lot of resilience and stability and
boomed every sector of the economy and based on such reforms how RBI
have gone under strategic shifts and have made significant improvements in
the quality of performance of regulatory and supervisory function and consists the
limitation and loopholes emerging out in contemporary times as have been
observed in the recent issue of government pressurising RBI over the CRR issue. Along with
this, paper includes a brief study of inflation and the role of RBI
suggesting how it can reduce money supply and maintain equilibrium in reference
to the central bank failure of USA and observing its root causes of
failure in comparison to RBI as it being the apex body present in
India.........
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
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