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Showing posts from July, 2024

Basics information of 40 Central banks of 40 countries

Here are the top 40 countries' central banks with basic information: 1. United States - Federal Reserve (Fed)     - Established: 1913     - Headquarters: Washington, D.C.     - Governor: Jerome Powell 2. China - People's Bank of China (PBOC)     - Established: 1949     - Headquarters: Beijing     - Governor: Yi Gang 3. Japan - Bank of Japan (BOJ)     - Established: 1882     - Headquarters: Tokyo     - Governor: Haruhiko Kuroda 4. Germany - Deutsche Bundesbank (DBB)     - Established: 1957     - Headquarters: Frankfurt     - Governor: Joachim Nagel 5. United Kingdom - Bank of England (BOE)     - Established: 1694     - Headquarters: London     - Governor: Andrew Bailey 6. India - Reserve Bank of India (RBI)     - Established: 1935     - Headquarters: Mumbai     - Governor: Shaktikanta Das 7. France - Banque de France (BDF)     - Established: 1800     - Headquarters: Paris     - Governor: François Villeroy de Galhau 8. Italy - Banca d'Italia (BDI)     - Established: 1893    

Reserve Bank of India

Here are some key details about the Reserve Bank of India (RBI): *Establishment:* April 1, 1935 *Headquarters:* Mumbai, Maharashtra *Governor:* Shaktikanta Das ( current ) *Deputy Governors:* 4 (Michael Debabrata Patra, Mukesh Kumar Jain, M. Rajeshwar Rao, and T. Rabi Sankar) *Objectives:* 1. Monetary policy formulation and implementation 2. Currency management 3. Banking regulation and supervision 4. Financial stability maintenance 5. Inflation control 6. Economic growth promotion *Key Functions:* 1. Issuing currency and coins 2. Managing foreign exchange reserves 3. Regulating and supervising banks and financial institutions 4. Maintaining financial stability 5. Setting interest rates and monetary policy *Subsidiaries:* 1. National Housing Bank (NHB) 2. National Bank for Agriculture and Rural Development (NABARD) 3. Deposit Insurance and Credit Guarantee Corporation (DICGC) 4. Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) *Regional Offices:* 31 ( across India ) *Traini

The unbreakable bond 'mother & child

Here is a heartwarming English story about a mother and child's emotional journey: "The Unbreakable Bond" As she held her newborn baby in her arms, Sarah felt an overwhelming surge of love and protection. She gazed into her child's eyes, and her heart melted. From that moment on, their bond was unbreakable. As the years passed, Sarah and her child, Emily, shared countless moments of laughter, tears, and adventures. Sarah was Emily's rock, her confidante, and her best friend. One fateful day, tragedy struck. Emily was diagnosed with a serious illness, and Sarah's world crumbled. She felt helpless, watching her child suffer. Through sleepless nights, endless hospital visits, and painful treatments, Sarah stood by Emily's side, holding her hand and whispering words of comfort. As Emily fought for her life, Sarah's love became her strength. She poured her heart and soul into caring for her child, and slowly, Emily began to heal. The journey was long and ar