Scribd
Upload
12K views22 pages

Banking Project Work by Rishav Kumar

This document provides information about Rishav Kumar's banking project for class 12. It summarizes the key roles and responsibilities of the Reserve Bank of India (RBI), including issuing currency, promoting development of the banking system, acting as banker to the government and banks, regulating monetary policy, and maintaining price stability. It also discusses the tools used by RBI in monetary policy, such as the bank rate, repo rate, open market operations, variable reserve ratio, and cash reserve ratio.

Uploaded by

Rishav Kumar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
12K views22 pages

Banking Project Work by Rishav Kumar

This document provides information about Rishav Kumar's banking project for class 12. It summarizes the key roles and responsibilities of the Reserve Bank of India (RBI), including issuing currency, promoting development of the banking system, acting as banker to the government and banks, regulating monetary policy, and maintaining price stability. It also discusses the tools used by RBI in monetary policy, such as the bank rate, repo rate, open market operations, variable reserve ratio, and cash reserve ratio.

Uploaded by

Rishav Kumar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 22

BANKING PROJECT WORK

1. NAME: RISHAV KUMAR


2. CLASS: 12TH
3. SECTION: F
4. ROLL-NO: 14
5. SUBJECT: BANKING
6. SUBJECT-CODE: 811
7. SUMITTED ON: 22 OCTOBER, 2021
Issue of Currency

To ensure adequate quantity of supplies of currency notes and coins


of good quality.

Issues new currency and destroys currency and coins not fit for
circulation.

It has to keep in forms of gold and foreign securities as per statutory


rules against notes & coins issued.

Developmental Role

To develop the quality of banking system in India.

Performs a wide range of promotional functions to support national


objectives.

To establish financial institutions of national importance, for e.g:


NABARD,IDBI etc.
Banker to the Government:

Performs all banking function for the central and


the state governments and also acts as their
banker excepting that of Jammu and Kashmir. It
makes loans and advances to the States and local
authorities. It acts as adviser to the Government
on all monetary and banking matters.
Banker to banks:

Maintains banking
accounts of all
scheduled banks.

RBI regulates RBI also regulates the


the opening of opening /installation
branches by of ATM Fresh
banks. currency notes
for ATMs are
supplied by RBI.

It ensures that all


the N.B.F.S
follow the Know
Your Customer
guidelines.
The Reserve Bank of India also regulates the trade of gold. Currently
17 Indian banks are involved in the trade of gold in India.

RBI has invited applications from more banks for direct import of
gold to curb illegal trade in gold and increase competition in the
market.

Collection and publication of data.

It issues guidelines and directives for the commercial banks.


Fiscal Policy: It is related to direct
Monetary Policy: It includes the
taxes and government spending.
Inflation arises when the demand interest rates. When the bank
When direct taxes increased and
increases and there is a shortage of increases the interest rates than
government spending increased
supply There are two policies in the there is reduction in the borrowers
than the disposable Income of the
hands of the RBI. and people try to save more as the
people reduces and hence the
rate of interest has increased.
demand reduces.
Formulate monetary
policy

Maintain price stability and


ensuring adequate flow of
credit in the economy.

It formulates implements and


monitors the monetary policy.

Instruments: qualitative &


quantitative.
Quantitative Measures

Quantitative Measures “BANK RATE” also called “Discount Rate”.

It also includes “Repo Rate”.

“Open Market Operations” buying and selling of government securities.

“Variable Reserve Ratio” it includes C.R.R and S.L.R

Qualitative Measures

1. Direct Action

2. Moral persuasion

3. Legislation

4. Publicity
• Cash Reserve Ratio (CRR) is the amount of Cash(liquid cash like
gold)that the banks have to keep with RBI.

•This Ratio is basically to secure solvency of the bank and to drain


out the excessive money from the banks.

•The present CRR rate is 4%.

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy