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Financial Stability Board

Detailed UPSC notes on the Financial Stability Board (FSB).

Economics

What is Seigniorage?

Seigniorage is the profit earned by the government from issuing currency, calculated as the difference between the value of money and its production cost. Learn its working in India, economic importance, and associated risks.

Economics

Financial Stability and Development Council (FSDC)

Learn about the Financial Stability and Development Council (FSDC) – its composition, objectives, functions, significance, and challenges. UPSC-ready notes with FAQs and conclusion.

Economics

Demonetisation in India: Objectives, Impacts, and Lessons

Understand demonetisation in India with detailed UPSC notes. Learn its objectives, impacts, criticisms, and Supreme Court verdict. Includes FAQs and analysis for Mains.

Economics

Money, Money Supply & Velocity of Money

Understand the basics of money, types of money supply (M1, M2, M3, M4), and the velocity of money. Learn how RBI uses these concepts for monetary policy.

Economics

Digital Rupee (CBDC): Meaning, Benefits & Challenges

Understand India’s Central Bank Digital Currency (CBDC) or Digital Rupee (e₹) – its features, advantages, challenges, RBI’s role, and FAQs. A complete guide for UPSC and policy exam prep.

General Studies - 3

RBI’s Income & Surplus Transfer Mechanism

Understand how the Reserve Bank of India earns income and transfers surplus to the Government of India. Learn about Section 47 of RBI Act, the Jalan Committee, Economic Capital Framework (ECF), and the significance of surplus distribution. UPSC-ready notes with examples and expert insights.

Reserve Bank of India and its Functions

The Reserve Bank of India (RBI) is India’s central bank, established in 1935 under the RBI Act, 1934. It regulates the monetary and banking system, manages foreign exchange reserves, issues currency, acts as banker to the government and banks, and promotes financial inclusion. Learn about RBI’s history, functions, and governance.