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...
We always somewhere heard about ETF’s or Exchange Traded Funds, what mean exactly it? Now in this post we clear concept of ETF’s and also go through its advantages and disadvantages with example of very famous ETF that is NIFTY 50. Exchange Traded Funds (ETFs) are investment funds that are traded on stock exchanges, similar to individual stocks. They are a type of investment that allow investors to diversify their portfolio by investing in a basket of securities such as stocks, bonds, commodities, or a combination of these. Alternatively ETF’s is bundle of stock from similar or different categories, which are available for trading to investor. Like most of time we can not predict which stock out of available stock going to raise or fall and not have financial capacity to invest in all stock that time ETF’s are useful. It gives investor mobility to invest in index of particular sector with bunch of or bundle of shares at a time. ETFs are structured as open-end investment companies ...