How RBI is saving India from Economic Crisis? | What does RBI do? | Abhi and Niyu

In this video, Abhi and Niyu discuss how RBI earns 2 lakh crores and saves Indian economy. A lot of people think the only role of RBI is to print money - which is far from the truth. In this video, Abhi and Niyu discuss how RBI makes money, how RBI spends money, and most importantly how RBI plays an important role in saving India's economy. This laxmipujan, let's dive deep into our India's true Laxmi, RBI.

#RBI #indianeconomy #abhiandniyu

A video by Abhiraj Rajadhyaksha & Niyati Mavinkurve

What is RBI?
The Reserve Bank of India (RBI) is the country's central banking institution and monetary authority. Established in 1935, it plays a pivotal role in India's financial system. RBI regulates the issuance and supply of the Indian Rupee, ensuring price stability and controlling inflation. It formulates and implements monetary policies, manages foreign exchange reserves, and supervises the banking sector to maintain financial stability. RBI acts as the banker to the Indian government, handling its financial transactions. Additionally, it conducts research and provides economic analysis to support informed policymaking. In essence, the RBI serves as the guardian of India's monetary and financial stability, shaping the nation's economic landscape.

How Indian economy is doing?
The Indian economy has emerged as a global economic bright spot, marked by robust growth and substantial potential. With a population of over 1.3 billion and a burgeoning middle class, India offers a vast consumer market. Economic reforms, such as the "Make in India" initiative, ease of doing business improvements, and infrastructure investments, have attracted foreign investments. Additionally, the technology sector has flourished, making India a global IT hub. Its young workforce is a demographic advantage, contributing to innovation and productivity. While challenges persist, including income inequality and infrastructure gaps, India's economic trajectory positions it as a prominent player in the world economy, with a promising future.

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Abhi and Niyu is the fastest growing Indian educational YouTube channel. Abhi and Niyu are a husband-wife couple who believe in the power of our youth.

Abhi and Niyu started their page to talk about positive, impactful ideas and to inspire offline action from online content. It was a way to change the way our negative feeds operated and replace negative news with positive, action-oriented news that made some change. They decode and simplify issues for Millenials and believe small steps lead to big outcomes in the future. Their videos span different genres like history, environment, and sustainability, policy discussions, social commentary, economics, personal finance, among others.