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Index to Volume 19 (1998)

ARTICLES

   

1.

Ajit, D. (1998) : A Case for Risk Based Deposit Insurance System in India, September, p.215.

   

2.

Bhoi, B.K. and S.C. Dhal (1998) : Integration of Financial Markets in India : An Empirical Evaluation, December, p.345.

   

3.

Joshi, Himanshu (1998) : Liquidity Effects on the Term Structure of Government Securities Market in India, December, p.381.

   

4.

Joshi, Himanshu and Mridul Saggar (1998) : Excess Returns, Risk-Premia and Efficiency of the Foreign Exchange Market: Indian Experience in the Post Liberalisation Period, June, p.129.

   

5.

Patra, M.D. and Sitikantha Pattanaik (1998) : Exchange Rate Management in India : An Empirical Evaluation, September, p.185.

   

6.

Samanta, G.P. and Sharmishtha Mitra (1998) : Recent Divergence between Wholesale and Consumer Prices in India - A Statistical Exploration, December, p.329.

   

7.

Singh, Bhupal and Sarat C. Dhal (1998) : Repo Auction Formats, Bidders’ Behaviour and Money Market Response in India, September, p.249.

   

8.

Singh, Charan (1998) : Ricardian Equivalence and Consumption in India, March, p.39.

   

9.

Srimany, A.K. and K. Bhattacharya (1998) : Measures for Financial Services : A Review with Special Reference to Banking in India, March, p.1.

   

10.

Srimany, A.K. and G.P. Samanta (1998) : Identification of Monetary Policy Shock and its Effects on Output and Price : A Structural VAR Approach, June, p.109.

   

NOTES

   

1.

Gopinath, Shyamala and A. Prasad (1998) : Managing Financial Risks in India : A Note, December, p 417.

   

2.

Jain R.K. (1998) : Financing of Power Projects in India : Problems and Prospects - A Note, September, p.281.

   

3.

Khundrakpam, J.K. (1998) : Sustainability of Central Government Debt, March, p.61.

   

4.

Mohanty M.S. and Nishita Raje (1998) : Effective Cost of Small Savings, September, p.269.

   

5.

Roy, Sunando (1998) : The Economics of Amartya Sen - A Review, December, p.395.

   

REVIEW ARTICLE

   

1.

Reddy, Y.V. (1998) : Money and Finance through the Looking Glass, September, p.305.

   

BOOK REVIEWS

   

1.

Ahluwalia, Isher Judge and I.M.D. Little (eds) : India’s Economic Reforms and Development : Essays for Manmohan Singh. By Sunando Roy, March 1998, p.89.

   

2.

Anderson, Nicola, Francis Breedon, Mark Deacon, Andrew Derry and Gareth Murphy : Estimating and Interpreting the YIELD CURVE. By T.K. Chakrabarty, June 1998, p.164.

   

3.

Apostolas, Paul Refenes (ed) : Neural Networks in the Capital Markets. By A.S. Ramasastri, March, p.102.

   

4.

Cohen, Benjamin J. : International Trade and Finance : New Frontiers for Research. By M.P. Gaikwad, December 1998, p.445

   

5.

Frankel, Jefferey A., Giampado Galli and Alberto Giovannini (eds) : The Microstructure of Foreign Exchange Markets. By Satyananda Sahoo, September 1998, p.323.

   

6.

Fry, Maxell J. : Emancipating the Banking System and Developing Markets for Government Debt. By T.K. Chakrabarty, December 1998, p 439.

   

7.

Jha, Raghbendra : Modern Public Economics. By Partha Ray, June 1998, p.153.

   

8.

Marjit, Sugata and Ajitava Raychaudhuri : India’s Exports : An Analytical Study. By D. Singh, December 1998, p 453.

   

9.

Patil, B.R. : Collective Bargaining : Perspective and Practices. By Saibal Ghosh, June 1998, p.159.

   

10.

Radaelli, Giorgio : Exchange Rate Determination and Control. By Sitikantha Pattanaik, June 1998, p.176.

   

11.

Wakelin, Katherine : Trade and Innovation : Theory and Evidence. By M.P. Gaikwad, June 1998, p.170.

   

12.

World Bank : Private Capital Flows to Developing Countries - The Road to Financial Integration. By B.M. Misra, September 1998, p.313.


Report on Currency and Finance 1997-98

The Report on Currency and Finance for 1997-98 is available in two volumes. Volume I presents a detailed analytical review of developments in various sectors of the economy during the year. Details of important announcements relating to exchange control/promotion and import control policy are provided in two appendices.

 

Volume II contains statistical statements giving comprehensive data on dimensional and structural changes in the economy over a period of years.

 

Faculty members of educational/research institutions and research students of economics/ commerce in India can get the Report at a concessional price of Rs. 125 each for Vol. I and Vol. II, respectively. Request for copies at concessional rates should be forwarded through the head of the Institution. Copies of the Report are available from (i) Sales Section, DRRP, Department of Economics Analysis and Policy, Reserve Bank of India, Ground Floor, Amar Building, P.M. Road, Mumbai - 400 001 and (ii) The Chief General Manager of the New Delhi Office of the Reserve Bank of India. Cheques/Drafts should be in favour of Reserve Bank of India and drawn on Mumbai or New Delhi, as the case may be.

 
 
 
 
 
 

Volume I


 

Volume II


 
 

Inland

Abroad

 

Inland

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Rs. 175


U.S.$50


 

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(Prices are inclusive of postage and registration charges; the

publication will be sent by registered air mail to foreign countries)


The Reserve Bank of India 1951-1967

by

Dr. G. Balachandran

 
 

This is a comprehensive history of the Reserve Bank of India, the country's central bank

and its most important financial institution. It is based on unrestricted access to the Bank's records. The volume spans the 1950s, when India embarked on planned economic development, and brings its account of the central bank's activities in the sphere of public policy up to the crisis years of the mid-1960s. Not only was the Reserve Bank an active agent and participant in the process of planned development, the institution was also greatly transformed by its demands and challenges.

 
 

Therefore, while surveying the Bank's discharge of its role as the monetary policy

authority, The Reserve Bank of India, 1951-1967 details its role in mobilizing resources for Central and State Governments, regulating the banking system, and establishing an institutional infrastructure for agricultural and long-term industrial credit in India. It also covers developments in India's external sector, including the country's efforts to raise long-term foreign assistance for development and the rupee devaluation of 1966. The book concludes with an elaborate survey of evolving relations between the central bank and Central and State Governments in India during these two decades.

 
 

Contents : Introduction - Monetary and Credit Policy -Financing Governments - Rural

Credit - Towards a State Banking Sector - Banking Developments - Financing Industry -The External Sector - The Bank and Governments - Appendices - Selected Documents - Index.

 
 

The book is essential reading for bankers, students, researchers, and teachers of

economics and modern Indian history and also of wider general interest.


 

Pages: 1208

 

Price: Rs. 1,195

 

Copies are available from:

 

Oxford University Press

 

and

 
 

leading bookstores in India.


Handbook of Statistics on Indian Economy

 

Handbook of Statistics on Indian Economy is an ad hoc publication brought out in

December 1998 by the Department of Economic Analysis and Policy of the Reserve Bank of India, Mumbai. The publication gives annual data on most of the major economic indicators from 1970-71 onwards, and data on monthly/ quarterly basis in respect of the financial sector for recent years, essentially to facilitate short-term analysis. Wherever possible, data on such high frequency basis are provided from 1990-91 onwards. There are 135 tables arranged in two parts; part I containing annual series and part II monthly series. Data relate to national income, saving and investment, agriculture and industrial output, prices, money and banking, financial markets, government finances, foreign trade, balance of payments and exchange rates. Data are compiled from both within the Reserve Bank of India and from outside published sources.

 
 

The inland price of the book is Rs. 125 (inclusive of postage) per copy with concessional

price at Rs. 100 for students, public libraries and educational institutions. The price for overseas buyers is US $20 inclusive of registered airmail book-post charges. The copy is available for sale in the Sales Section, Ground Floor, Amar Building, P.M. Road, Reserve Bank of India, Fort, Mumbai - 400 001. Order for the purchase can be placed with the Director, Division of Reports, Reviews and Publications, Department of Economic Analysis and Policy, Reserve Bank of India, City Ice Building, 2nd Floor, Perin Nariman Street, Fort, Mumbai - 400 001 on payment through demand draft or cheque drawn in favour of Reserve Bank of India and payable at Mumbai only.

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