Printing of currency is an essential activity for any country, and India is no exception. The Reserve Bank of India (RBI) is responsible for the printing of currency notes in India. In this blog, we will take a closer look at the process of printing currency notes in India and the various factors that influence the process. Printing currency in India is the responsibility of the Reserve Bank of India (RBI), which is the central bank of the country. The RBI was established in 1935 and is headquartered in Mumbai. The RBI is responsible for determining the amount of currency notes that need to be printed in India. The amount of currency notes that are printed is determined based on various factors, such as the demand for currency in circulation, the need for new notes, and the replacement of old and damaged notes. Once the amount of currency notes to be printed is determined, the RBI places an order with the two government-owned printing presses in Nashik and Dewas. History of currency pr
CONCEPT As the name suggest mutual funds is simple concept of investment in stock market with large fund which consist investment of many people in small units. Gathering of small investment to invest in large quantity. In simple language we can explain it as the small investor can not able to put his fund in all blue chief companies because of fund insufficiency and as we know market is volatile which sectors share may rise or which not, can not be predicted. So for reducing risk of volatility and gaining opportunity of investment in all sectors, a AMC or fund manager design a product (Index) which include all good traded companies share, bond etc. in different sectors. And the investment made up from small investor mutually invested in that index is called Mutual funds. Lets understand this in financial language. Mutual funds are investment vehicles that pool money from multiple investors to buy a diversified portfolio of stocks, bonds, or other securities. When you invest in a mutua
Comments
Post a Comment