Longform Pro

Longform Pro

Share this post

Longform Pro
Longform Pro
How to answer the UPSC interview question: When was Reserve Bank of India established and what are its functions? How does the RBI control credit policy?
Copy link
Facebook
Email
Notes
More

How to answer the UPSC interview question: When was Reserve Bank of India established and what are its functions? How does the RBI control credit policy?

Know how the most important bank of India functions. Learn how the credit policy is managed by the RBI. Get insights on how the economy works.

May 25, 2023
∙ Paid
1

Share this post

Longform Pro
Longform Pro
How to answer the UPSC interview question: When was Reserve Bank of India established and what are its functions? How does the RBI control credit policy?
Copy link
Facebook
Email
Notes
More
Share

The Reserve Bank of India (RBI) was established on April 1, 1935, under the Reserve Bank of India Act, 1934. It is the central bank of India and acts as the regulator of the country's monetary and financial system.

When was Reserve Bank of India established and what are its functions? How does the RBI control credit policy?

The RBI is headquartered in Mumbai and has regional offices across the country. Let’s learn about the functions of RBI and how it controls the credit policy.

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2025 Sid
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share

Copy link
Facebook
Email
Notes
More