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Stealth • 7m

Are all currency notes just a pieces of paper.why dollar and INR don't have same value.why inflation are control by RBI.

2 replies2 likes

Replies (2)

Aryan patil
•

Monkey Ads • 7m

Imagine the RBI is like a big bank for other banks. Banks borrow money from the RBI to give loans to people and businesses. The interest rate the RBI charges banks is called the repo rate. Think of the repo rate as the price tag on borrowing money. When the RBI increases the price tag (raises the repo rate), borrowing from them becomes less attractive for banks. This means banks have less money to lend out, which reduces the overall amount of money circulating in the economy. Less money circulating typically means lower inflation. On the other hand, if the RBI lowers the repo rate, borrowing becomes cheaper for banks. This encourages them to borrow more from the RBI, which increases the money supply. More money floating around can lead to higher inflation. By adjusting the repo rate, the RBI can indirectly control inflation by influencing how much money banks lend out.

0 replies2 likes

Phanirockzzz

Stealth • 7m

If RBI did not control the inflation. People will. Then everyone makes supply or demand scarcity by which they can make a product cheaper or expensive by this things. After that everything becomes expensive. People working in every industry tries to cash that product by making its production less and by some year you will need to purchase in lakhs a kg chicken in market. Even an year or before. Sri Lanka went into this stage where they are selling kg chicken in thousands. When government does not regulate the prices. People will. And when people do things they do it for themselves not for country.

0 replies2 likes

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Mahendra Lochhab

Stealth • 1m

Cost of printing Indian currency notes: Notes cost of printing ₹10 ₹0.96 ₹20 ₹0.95 ₹50 ₹1.13 ₹100 ₹1.77 ₹200 ₹2.37 ₹500 ₹2.29 Source: RBI

6 replies11 likes

Muhammed Muthasir

Stealth • 1d

Understanding the journey of currency notes: From the RBI's Issue Offices, fresh banknotes are sent to currency chests, which act as storage and distribution centers. A vital process that supports the smooth flow of currency in the economy!📈

0 replies3 likes

BN Headlines

Stealth • 2m

Rupee hits an all-time low of 84 against the US dollar: factors leading to the fall and the outlook Analysts said the rupee has not fallen below 84 as the RBI has been protecting the level for the last two months. On September 12, the local currenc

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Sairaj Kadam

Stealth • 5m

This Thing Will Actually Blow Your Mind. Click on This. "Inflation is taxation without legislation." - Milton Friedman Inflation: A Major Concern in India Inflation remains a pressing issue in India, with the state of Odisha facing the highest r

4 replies13 likes

Anonymous

Stealth • 8m

Ever thought this guy would enter FASHION? Guess what. Only 900 pieces, selling at INR 5000. There are numbers in every shirt from 1-900. That’s his exclusivity strategy in real-life play. Think how you can do it too.

2 replies6 likes

Atharva Deshmukh

Stealth • 6m

Have studied about Monetary Policy in short and it's effect. The monetary policy is a tool through which the Reserve Bank of India (RBI) controls the money supply by controlling the interest rates. RBI is India’s central bank. While setting the int

1 replies8 likes

Sairaj Kadam

Stealth • 24d

Do you Know How Important inflation is? Let's test it. If you had to borrow $1,000 from a friend and they agreed not to charge interest, but inflation is 3% annually, are you actually paying them back the full value of what you borrowed after one

Pritesh Makani

Stealth • 7m

I recently checked the price of digital gold, which is approximately 75,800 INR. Additionally, there is a 3% GST, amounting to about 2,200 INR. When selling the same gold, the price is around 73,100 INR. This results in an immediate loss of about 5,0

1 replies5 likes

Suraj

Stealth • 7m

Dukh ki baat ye h ki logo ko lgta hai crypto ko kisi ki approval chahiye, crypto is just linked to a purpose, it can be humanitarian(like mine), carbon net neutrality on planet or some other genuine cause. There is a consensus mechanism - Proof of

1 replies4 likes

Goutam Raval

Stealth • 19d

HI Everyone RBI Has launched a new currency digital Same as crypto digital E rupees I was working on it They already given 8 National Bank Canara,SBI,Kotaka etc..., and it solve many Problems like international transactions minimum less charges and

1 replies4 likes

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