In this video you will see about :
1. Types of banks in India
2.Role of RBI in India
3. why RBI doesn't print more notes
Description:
Indian banking system is divided into two types 1.Scheduled banks and 2. Non- scheduled banks . In the scheduled banks we have 4 categories ( commercial banks, private banks,payment banks and co-operative banks).
In the commerical banks category, we have four different types of sub-Categories(public sector banks, private sector banks, regional rural banks, foreign banks). Each and every bank has its own advantages and their own facilites. To know these banks functioning please watch full video.
2. Savings account Vs current account. They have their own advantages and limitations.
3. In India RBI have several responsibilities and powers to control the economy. For example, Printing of notes, controlling of Repo rates and reverse repo rates, Controlling of Cash reserve ratio and statutory liquid ratio, helping the government in various national financial objectives, controlling Inflation and Deflation in the economy. To know these things in detail, please watch the full video.
4. Why does RBI won't print more notes? Because if RBI starts printing more notes to reach economic goals, there will be high inflation in the economy. With this huge inflation, money will lose its value, people suffer a lot. There will be no use in printing more notes. To have good growth in the economy, the government should start producing goods and services, this will directly affect the economy in a positive way. Please watch the full video to know in detail.
0:00 Intro
1:04 Type of scheduled banks
6:39 Savings account vs current account
8:40 Role of RBI in India
11:11 why RBI won't print more notes
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15 авг 2024
