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Be curious. • 10m

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 • 10m

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

If nothing goes righ... • 10m

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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Total number of counterfeit currency notes that were received by RBI in FY 24

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Mahendra Lochhab

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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

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Muhammed Muthasir

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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!📈

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Looking at the current inflation data, it seems that the RBI might consider a rate cut, and the expectation is the same as India's economic growth has slowed down

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BN Headlines

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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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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

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Jayant Mundhra
•

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’m a bit surprised by how everyone’s in a tizzy over Indian Rupee's slide against the Dollar, and how Govt and RBI are being bashed over it. It makes it amply clear that much of people don’t understand how & why currency markets move 🙏🙏 And, the

0 replies11 likes

Anonymous

Hey I am on Medial • 11m

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.

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Atharva Deshmukh

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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

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