Topic 2.1 · Economy · Money & Banking
Functions of Money is studied as part of "Money & Banking" (Indian Economy — Basics) in Economy. Money supply, the Reserve Bank of India and the commercial banking system form the backbone of the Indian financial sector.
In the examination context, functions of money carries conceptual questions that test both factual recall and analytical understanding. Revise this topic in sequence with the rest of the chapter so that chronological and thematic links are clear.
| 1935 | RBI established |
| 2016 | MPC constituted under amended RBI Act |
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