Tag Archives: Indian Economy

About Reserve Bank of India (RBI)

By | July 23, 2015

The Reserve Bank of India (RBI) was established on April 1, 1935 in accordance with the provisions of the reserve bank of India Act, 1934. RBI was established with 5 crore as its capital as private shareholders bank. RBI was nationalised on January 1, 1949.  The central office of the Reserve Bank of India was initially established in… Read More »

Monitorable Socio-Economic Targets of Eleventh Five Year Plan

By | March 24, 2015

Monitorable Socio-Economic Targets of the eleventh Five Year Plan (2007-12) are Income & Property, Education, Health, Women and Children, Infrastructure and Environment. Income and Property: Accelerate growth rate of GDP from 8% to 10% and then maintain at 10% in the 12th Plan in order to double per capita income by 2016-17. Increase agricultural GDP growth rate to… Read More »