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: The period since 1939, is of special significance in the history of money and exchange in India. During the Second World War, the policies regarding money and exchange had to be subordinated paramount need of var finance. to The Reserve Bank of India had to be armed with more and more power for effective and rigid control of credit and foreign exchange. It became clear that the Reserve Bank of India has to function in alone coordination with the Government of India and its activities must be directed in furtherance of the Government policies, motivated by the support to allied war efforts. [2:57 pm, 13/01/2023] [ ]: Paper occupies an important place in modern life. It is the means of communication and of dissemination of information and knowledge. It has got important industrial uses, particularly in the packaging and wrapping of industrial goods. This study of the paper industry has been undertaken keeping in view the importance of the industry. The study covers the development of the paper industry, trends and projections of demand and supply, capital structure and financial analysis, cost structure and cost behaviors, pricing and distribution, and profitability and taxation productivity in the industry and its contribution to the economy has also been covered by this study.

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