STATUS AND STRUCTURE OF OFFICIAL INTERNATIONAL RESERVES OF INDIA PREPARED BY PASHCHENKO MICHAEL IE-11A
CONTENT International reserves definition Reserve bank of India Structure of OIR in India Status of OIR in India Conclusion
WHAT IS INTERNATIONAL RESERVES Any kind of reserve funds that can be passed between the central banks of different countries.
RESERVE BANK OF INDIA The Reserve Bank of India is India's Central Banking Institution, which controls the Monetary Policy of the Indian Rupee.
RESERVE BANK OF INDIA Main functions: -Regulation and supervision of the financial system -Managerial of exchange control -Issuer of currency -Banker’s bank
STRUCTURE OF OIR IN INDIA International reserves in India represented mostly by gold amounts and foreign currency asset that is held by the Reserve Bank of India at the moment.
STATUS OF OIR IN INDIA Source: ction&PARAM1=2
Source:
CONCLUSION -International reserves of India are under control of Reserve Bank of India -India is a developing country that increases its wealth gradually. -World crisis affects developing countries very hard forcing them to spend their reserves -Process of recovery is long and hard.
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