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What is CH 6 Banking about?

The document discusses the functions and operations of a central bank, specifically the Reserve Bank of India (RBI), including its role in managing monetary policy through tools like the repo rate, cash reserve ratio (CRR), and statutory liquidity ratio (SLR). It explains how these tools are used to control inflation and deflation by adjusting the supply of money in the economy. Additionally, it outlines the responsibilities of the central bank as the government

Author

Keshav Arora

Language

EN