ROLE OF RBI IN ECONOMIC AND SOCIAL DEVELOPMENT

OF INDIA

A project submitted to
University of Mumbai for partial completion of the degree of
Bachelor of Commerce (Accounting & Finance)
Under the faculty of Commerce
By

(Sunil Prem Singh)

ROLL NO: - 18

Under the Guidance of

(Guide Name)

GNYANODAYA DEGREE COLLEGE OF ARTS, COMMERCE & SCIENCE

Kolhi (Chinchoti), Kaman Road, Vasai,
March,
Vasai (E), Dist. 2022
Palghar-401208

March, 2023
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 GNYANODAYA DEGREE COLLEGE OF ARTS, COMMERCE & SCIENCE
Kolhi (Chinchoti), Kaman Road Vasai
Vasai (E), Dist. Palghar-401208

Certificate

This is to certify that Ms Sunil Prem Singh has worked and duly completed her Project
Work for the degree of Bachelor's in Commerce (Accountancy and Finance) under the
Faculty of Commerce in the subject (Accountancy and Finance) and him project is entitled,
“ROLE OF RBI IN ECONOMIC & SOCIAL DEVELOPMENT OF INDIA” under my
supervision.

I further certify that the entire work has been done by the learner under my guidance and that
no part of it has been submitted previously for any Degree or Diploma of the any University.

It is her own work and facts reported by her personal findings and investigations.

Seal of the
College

Name and signature of

Guiding teacher

Date of Submission:

ii
 Declaration by learner

I the undersigned Sunil Prem Singh hereby, declare that the work embodied in this project
work titled “Role of RBI in Economic and Social Development of India”, forms my own
contribution to the research work carried out under the guidance of Asst. Prof. Munira
Sayyed is result of my own research work and has not been previously submitted to any
other University for any other Degree/Diploma to this or any other University.

Wherever reference has been made to previous works of others, it has been clearly indicated
as such and included in the bibliography.

I hereby further declare that all information of this document has been obtained and
presented in accordance with academic rules and ethical conduct.

Name and signature of the learner

Certified by

Name and signature of the Guiding teacher

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 Acknowledgment

It is my pleasure to thank all the people who have helped me directly or indirectly in
completion of this project work. I take this humble opportunity to express my gratitude to all
of them.

I would like to acknowledge the following as being idealistic channels and fresh dimensions
in the completion of this project.

I take this opportunity to thank the University of Mumbai for giving me chance to do this
project.

I would like to thank my Principal, Shri Arun R. Verma for providing the necessary
facilities required for completion of this project. I take this opportunity to thank our
Coordinator Asst. Prof. Munira Sayyed for her moral support the guidance.

I would also like to express my sincere gratitude towards my Project Guide Asst. Prof.
Rahul Yadav whose guidance and care made the project successful.

I would like to thank my College Library, for having provided various reference books and
magazines related to my project.

Lastly, I would like to thank each and every person who directly or indirectly helped me in
the completion of the project especially my Parents and Peers who supported me
throughout my project.

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 INDEX
Chapter Sub
Title of the chapter Page no.
no. chapter
1. Introduction 1-18

1.1 Brief introduction 1

1.2 Preamble 1–2

1.3 Historical background 2 -4

1.4 Composition of local and Central board 5

1.5 Structure of the RBI 5-6

1.6 Branches and support bodies 7- 8

1.7 Monetary Policy 8 -13

2. Research methodology 19 – 35

2.1 Objectives 19-30

2.2 Policy and it’s ratios 30 -34

2.3 Research methodology 34 – 35

3. Literature Review 36- 39

4. Data Analysis , Interpretation and Presentation 40 - 67

4.1 Role of RBI in Social and Economic development (Data Analysis) 40 - 56

4.2 Data Interpretation and Presentation 57 - 67

5. Findings , Conclusions and suggestions 68 - 71

5.1 Findings , Suggestions and recommendations 68 – 69
5.2 Conclusion 69 - 71
• Bibliography 72 – 75
• Appendix 76 - 77