The economy of India is currently world's fourth largest in terms of real GDP (PPP). The growth rate of Indian economy was about 7.8 per cent during tenth five year plan. It is set at 9 per cent for eleventh plan. The industrial sector, agricultural sector and services sector have played very important role economic development. However, the research paper considers only banking sector and its impact on development. India is marching towards superpower in the world. In this mission the role of banking sector is very crucial. The present research paper intends to study the role of banks in economic development and strengthening the economy to emerge as superpower in the world.

The Reserve Bank of India is the main monetary authority of the India. It formulates implements and monitors the monetary policy as well as it has to ensure an adequate flow of credit to productive sectors. Objectives are maintaining price stability and ensuring adequate flow of credit to productive sectors. The institution is also the regulator and supervisor of the financial system and prescribes broad parameters of banking operations within which the country's banking and financial system functions. The national economy depends on the public sector and the central bank promotes an expansive monetary policy to push the private sector since the financial market reforms of the 1990s. Nowadays Reserve Bank of India is facing challenges while formulating monetary policy. On one hand it has to promote the credit creation in order to keep continue the flow of capital throughout the country and on the other hand it has to contain the inflation. The present research paper deals with the monetary policy of India and issues related to it.

Maintenance of farm accounts is the need of the present hour. Farm accounts supplies information to the farmers which is essential to make his farming operation most profitable. They show which farming activity result in a loss and the reason. In India the proportion of small farmers is more. Illiteracy of farmers is also question in India. There are so many problems in maintaining farm accounts but for successful farming business it is essential to popularize the farm accounting. Some suggestions are also suggested in this paper such as training programmes to the farmers, services of accountants, simple books of accounts etc.

Mutual Fund is a pool of money, collected from investors, and is invested according to certain investment objectives. The ownership of the fund is thus joint or mutual, the fund belongs to all investors. A mutual funds business is to invest the funds thus collected, according to the the wishes of the investors who created the pool e.g. money market mutual fund seeks investors to invest predominantly in Money Market Instruments.

India is a developing country. We have need of basic capital investment in the area of Agricultural as well as Retail Sector. On November 24, 2011, the Union Cabinet of the Indian government approved a proposal of allowing 51 percent FDI in the multi-brand retailing in India and 100 percent FDI in the single-brand retailing, subject to certain conditions. Earliest Indian government has taken a final decision in this regard for FDI in retail sector. Local market, low price, consumer satisfaction and relation, storage facility, credit facility, distribution network etc are the strength of the retailer's, by which retailers can fight against multinational companies and survive in the competition. The FDI will gives a boost to our Agricultural and Retail Sector. Ultimately consumers will be benefited in next 4-5 years. Only necessity is that Government should implement strict policies about FDI as well interest of the retailers in India should be protected by controlling FDI and it will be done through positive political willpower.

In this competitive world, training plays an important role in the competent and challenging format of business. Training is the nerve that suffices the need of fluent and smooth functioning of work which helps in enhancing the quality of work life of employees and organizational development too. Development is a process that leads to qualitative as well as quantitative advancements in the organization, especially at the managerial level, it is less considered with physical skills and is more concerned with knowledge, values, attitudes and behavior in addition to specific skills. Hence, development can be said as a continuous process whereas training has specific areas and objectives. So, every organization needs to study the role, importance and advantages of training and its positive impact on development for the growth of the organization.

This paper is based on an original study carried on by the author. The study tries to assess the causes of sexual harassment at the workplace from a representative sample drawn from 50 corporate houses in and around Kolkata. The study, though subjective, tries to project the ground realities on the issue of exploitation and subordination of females at the workplace based on empirical evidences. By having a better understanding of the factors contributing to the phenomenon, decision makers will be better able to structure the policies on provisions of equal opportunity in the formal employment sector.