Currency is the major part and back bone of the economic platform perform profitably reduces.
Capacity of the economic system
First Gold coins were introduced in the market by Guptas and it is the major currency of the stock exchange.
2.Silver coins are introduced in the market by Sher Shah .its weight is around 180 gm .and it is also become the system of payment in market and person have a gold coins they become the members of gold coin platform.
And it becomes the major platform.of payment in gold members platform.
3 price of silver coin is less than the gold coin There for members of gold coin platform.is different than the silver coin platform.
4.Rupee was first minted in India during the reign of Sher Shah Suri around AD 1542.
5.paper currency in India was introduced by British Government.
6. Ist note of Indian currency is note of ten Rupees.
7.paper currency is formed and pounds and dollars are also plays a major role in the establishment of Indian Rupees.
8.Establishment of Reserve bank of India by the British Government in 1935 and indian rupees became a independent currency.
9Exchange purposes it continued to be dependent by pound Sterling.
10 In 1947 India became a member of the International Monetary Fund and exchange value of the rupee came to be Fixed by IMF standards.
11.The Indian currency system was converted in to decimal system by Indian .
12.The old system of rupee.annas and Paise were replaced by rupee.
13 All coins and one rupees note is issued by Government of India.Therefore the one rupee note does not bear the signature of the Governor of Reserve bank of India.
At present currency notes of denominations of Rupees
1,2,5,10,20,50,100,500 and 1000 are in circulation.
The current series are the Rs 1,2,5,10,20,50,100,500 and 1000 are in circulation.
All note above one rupees note are denomination and issued by the Reserve bank of India.
Currency notes above one rupees denomination are issued by Reserve bank of India.These notes are called bank notes.Distribution and administration of all currency
is done by the Reserve bank of India as an agent of the Government of India.
Currency notes of higher denominations of Rs 1000 Re 5000 and Rs 10.000 were demonetized.
The Reserve bank is the base of the all banks of world
And dominant in all progressive system and business in the world.
Departments in banks
Department of Administration and personal Management.
Department of Banking operation.
Department of Economic Analysis and policy.
Department of Expenditure and Budgetary control
Department of External Investment and Operations
Department of Financial Companies.
Department of Government and bank accounts.
Department of Information technology.
Department of statistical analysis and Computer Science.
Department of Supervision
Exchange Control Department
Financial Institutions cell
Human Resource Development
Industrial and Export credit Department
Industrial and Export Credit Department.
Internal Debt Management cell
The RBI regulated the issue of bank notes above one rupee denomination
It formulates and administers the monetary policy.
It maintains the exchange value of rupee.
It represents India at the Monetary fund.
It permotes the growth of economy with in framework of the general economic policy and of the Government
Reserve bank of India is the parent bank of all banks including commercial Bank..
52 sewak colony
100 percent in bank formation