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RESERVE BANK OF INDIA -POINTS TO REMEMBER ~ Bank Cracker

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RESERVE BANK OF INDIA -POINTS TO REMEMBER

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Reserve Bank of India/ Import ant Fact s about RBI Reserve Bank of India/ Import ant Point s about RBI Reserve Bank of India - Reserve Bank of India (RBI) is the Central Bank Of India. - There is only 1 central Bank in India. - Reserv e Bank of India established on 1 April 1935 in accordance with prov ision of RBI Act 1934. - Reserv e Bank of India (RBI) established on the recom m endation of Hilt on-Y oung Commission . - Initially RBI was constructed as a Priv ate share holders bank. - RBI is a statutory body .
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- Emblem of RBI: Panther and Palm Tree. - Initially the headquarter of RBI was in Calcutta but in 1 9 3 7 it was perm anently m ov ed to Mum bai. - The Reserv e Bank of India has 4 regional offices,1 5 branches and 5 sub-Offices. - RBI can issue currency notes as m uch as the country requires, prov ided it has to m ake a security deposit

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of Rs. 2 00 crores, out of which Rs.1 1 5 crores m ust be in gold and Rs. 85 crores m ust be FOREX RBI Assistant Written Exam Reserv es. Expected Cut off Marks 2013 Jobs in Income Tax department Recruitment IT Officer Professional Knowledge Syllabus NICL AO Administrative Officer Syllabus 2013 Postal Assistant Result 2013 Declared Bank PO and Clerk Salary After Revision IB ACIO Previous Year Question Paper Download LIC ADO EXAM SYLLABUS AND SELECTION ADMINISTRATION OF RBI: - The Executiv e head of RBI is known as Gov ernor. - The gov ernor is associated by Four Deputy Gov ernors. - Gov ernor tenure here is 3 y ears. - Besides Gov ernor and Deputy Gov ernor, there is 1 Gov t. Officer. - Gov t. is the chairm an of the Bank. NATIONALISTION OF RBI : - RBI was nationalised on 1 JAN 1949 as Gov t. acquired the priv ate share holding based on Banking Revolut ion Act 1949. FUNCTIONS OF RBI: - RBI is the sole authority in India to issue Bank notes in India. - RBI is a Bank of Gov t. and also a Banker's Bank.

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RESERVE BANK OF INDIA -POINTS TO REMEMBER ~ Bank Cracker

- Custodian of Foreign Reserv e. - Exchange rate m anagem ent. - Superv ising the banking sy stem of the country . - Prom otion of exports through Refinance. IMPORTANT POINTS: - First Gov ernor of RBI - Sir Obsborne Sm ith - First Indian Gov ernor of RBI -C.D. deshm ukh. - Ist wom en Gov ernor of RBI -K.J.Udeshi. - RBI is not a Com m ercial Bank. - Regional offices of RBI -2 2 . - RBI prints currency in 1 5 Languages. - RBI is a m em ber of IMF (Int ernat ional Monet ary Fund). Incoming Search Terms: reserve bank of india rbi important points facts about rbi reserve bank of india governor of rbi functions of rbi reserve bank of india

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GENERAL AWARENESS SET 2 GENERAL AWARENESS SET 1 COMPUTER KNOWLEDGE SET 6 COMPUTER KNOWLEDGE SET 5 Computer Knowledge Set 4 Computer Knowledge Set 3 Computer Knowledge Set 2 Computer Knowledge Set 1 State Bank of India (SBI) and SBI associate bank RESERVE BANK OF INDIA -POINTS TO REMEMBER banks in india and their history Overview of Banking Institutions in India Important Institutions: NABARD SOME IMPORTANT BANKING TERMS

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