RBI as a Clearing House

Students of 12th grade Economics in India show how the Reserve Bank of India (the central banking institution) acts as a clearing house between banks.

[shivamthokal]

Kudos to all of You... I think even if I forget my name I'll never forget RBI as clearing house💯

[prashantrawat]

Conclusion = RBI'S FUNCTION ==CHIK_CHIK

[ritturoyv_]

A personally need a teacher like them to learn more ❤️
Bank of Baroda has become my crush man..!

[Yourenotme]

Omg! Thank u so much. Please do watch this ...

[RocKzz_]

While Im Watching this Video the Actors Must have Become Adults... 😂😂

[aj_sgaming]

No transfer of physical cash means the A/c is only deducted in App

[deepakdahiya]

Thanks yr. I have an exam today and you explained the concept in a minute.

[rosjja]

Okay, so the A issues a cheque of 10₹ to B. Right !
Now the A has a bank X and B has Z.

So the RBI will take 10₹ from X and credits Y.

Now upon seeing deduction the X debits from A and by seeing extra amount of 10₹ Y gives money to B.

Btw RBI looks Cute though. 😜

[shoibpatel]

Need more explanation for other topics, u all are exceptionally good

[anushkajain]

you need to make more videos. Your way of explanation helped a lot!

[fawaaddurrani]

I think you have explained the settlement.

[rajitharaji]

fabulous i understood the concept within a minute

[khushbuanil]

Easy, lucid and a minute explanation..kudoos kid

[arshaqarif]

hahahah what a lovely way of explanation. Keep it up

[rihaans]

me at 0:20 to 0:30
Are you comedy me🤣

[navjyothayer]

Thanks guys, it helped me alot, it is best way of make anyone understand

[ankeshkumawat]

woww its like seeing comedy video for getting knowledge. good way...

[kasianandan]

Make a video about meaning of discounting bill of exchange pls

[vibewelll]

Very innovative...keep up the good work👍

[hassanmalik]

Good efforts for better explanation 👏👏