ROLE OF RBI IN DISASTER MANAGEMENT | LegaMart

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QuestionFeb 27, 2021 - 18:56

ROLE OF RBI IN DISASTER MANAGEMENT

The Reserve Bank of India (RBI) is the central bank of India. RBI is known to be a useful adviser to the government on matters related to economic and monetary policy. Disaster management accounts for the heavy toll it can take on human life and cause damage to the economic growth in some parts of the country. Disaster management includes providing relief to people for the loss of life and injuries caused by the natural calamities or crisis as well as compensating for the impact on the economy and development also has to be considered.

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