The Department of Economics, Faculty of Arts had organized a field visit to the Reserve Bank of India, College of Agricultural Banking, Shivaji Nagar, Pune on 10th May from 10.00 am to 1.30 pm. The main objective of the visit was to make students aware about the functioning of RBI and to help the students in understanding the process of formation & implementation of Monetary Policy and to make students realize the importance of archiving.
47 students from BA were guided by Mr. Prathamesh Patil, Assistant, Academics Department through the campus of the College and were taken to the Financial Centre and RBI Archives. Students were provided with an interactive session conducted by Mr. Santosh Kumar Pandey, DGM & Faculty, RBI, CAB, Pune, where he explained in simple language the functioning of the RBI. Students asked a lot of questions and got their doubts clarified. He also motivated students to join the RBI which can be a very lucrative career for them. It was really a very informative session.
Then the students were provided with snacks and were guided towards the Financial Literacy Centre and RBI Archives. Mr. Amol Gade, Asst. Manager, RBI Achieves explained to the students about the importance of preserving all important documents as they act as reference material for future planning and research. He also informed about the measures taken to preserve the documents. Students were enriched viewing the displays at the Archives. They were then addressed by Mr. Rajib Lochan Sahoo, GM, RBI Achieves. His address was followed by a screening of a short film on the importance and functioning of the RBI Archives. Thus the students got a nice glimpse of the role of RBI in supporting the economy of our country as well as the importance of archiving the documents.