csrgk today monthly magazine

 csrgk today monthly magazine

csrgk today monthly magazine Published this articles page no 525

Extensive relaxations in the rules governing foreign exchange were initiated prompted by the liberalization measures introduced since 1991 and the Act was amended as a new Foreign Exchange Regulation (Amendment) Act 1993. Keeping in view the changed environment after significant developments in the external sector such as. substantial increase in foreign exchange reserves growth in foreign trade rationalization of tariffs csrgk today monthly magazine

csrgk today monthly magazine

csrgk today monthly magazine

csrgk today monthly magazine Published this articles page no 527

The Central Government and State Governments may make rules for the receipt custody and disbursement of money from the consolidated fund contingency fund and public account. These rules are legally binding on the Reserve Bank as accounts for these funds are with the Reserve Bank .Management of Public Debt csrgk today monthly magazine

csrgk today monthly magazine

 csrgk today monthly magazine

csrgk today monthly magazine Published this articles page no 529

 Reserve Bank as Banker to Banks

The Reserve Bank continuously monitors operations of these accounts to ensure that defaults do not take place. Among other provisions the Reserve Bank stipulates minimum balances to be maintained by banks in these accounts. csrgk today monthly magazine