Tag: Reserve Bank of India

FOREIGN REMITTANCE

When a people or group of people live outside from their country (foreign country) to earn money, then they also transfer some amount of money to their family or to the individual living in home country. This is what we…

Things to Know About the Indian Currency

The Indian currency is known as Rupee (INR).One Rupee consists of 100 paise. Reserve Bank issues notes in India and the notes are issued in the denomination of Rs.5, Rs. 10, Rs.20, Rs. 50, Rs. 100, Rs. 500 and Rs…

Central Banks, Stock Exchanges, and Credit Rating Agencies

Central bank of different countries: Central Banks play very important role in the development of economy. Main roles of central banks are making monetary policy for the country, lending the government, setting the key rates for the banking sector and…