The Reserve Bank of India
The Reserve Bank of India
The Reserve Bank of India:
Every country has its own central bank that acts as the overall regulatory authority. Reserve Bank of India (RBI) is the central bank of the country and is different from Central Bank of India, which is only one of the scheduled commercial banks. The Reserve Bank of India (RBI) is India's Central Banking Institution, which controls the monetary policy of the Indian rupee.
The Central Office of the Reserve Bank was initially established in Calcutta but was permanently moved to Mumbai in 1937. The Central office is where the Governor sits and where policies are formulated. Though originally privately owned, since nationalisation in 1949, the Reserve Bank is fully owned by the Government of India.
Reserve Bank of India (RBI) was set up on the recommendation of ___________________ | |||
| Right Option : C | |||
| View Explanation | |||
Banking in India is controlled by which of the following ? | |||
| Right Option : C | |||
| View Explanation | |||
In India, the computerisation programme of banks are regulated and monitored by ________________ | |||
| Right Option : B | |||
| View Explanation | |||
Students / Parents Reviews [10]
Abhyas is a complete education Institute. Here extreme care is taken by teacher with the help of regular exam. Extra classes also conducted by the institute, if the student is weak.
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8thI have spent a wonderful time in Abhyas academy. It has made my reasoning more apt, English more stronger and Maths an interesting subject for me. It has given me a habbit of self studying
