RBI Flashcards
MONITORY POLICY COMMITTEE ORIGIN
SECTION 45ZB ( RBI ACT 1934 )
HOW MANY MEMBER MCO
6 MEMBER
EX OFFICIO CHAIRMAN
RBI GOVERNOR
HOW MANY PERSON APPOINTED BY CENTRAL
THREE
CONCEPT OF RBI IS BASED ON
DR AMBEDKAR BOOM - THE PROBLEM OF THE RUPPEE - ITS ORIGIN AND SOLUTION
CENTRAL BANKINF INSTITUTION WAS EASTABLISHED ON THE SUGGESTIONS OF
ROYAL COMMISSION ON INDIAN CURRENCY AND FINANCE - 1926
ROYAL COMMISSION ON INDIAN CURRENCY AND FINANCE IS ALSO KNOWN AS
HILTON YOUNG COMMISSION
IN …….YEAR RBI NATIONALISED
1949
IN 1949 RBI BECAME MEMBER OF …..
ASIAN CLEARING UNION
2 PRINTING PRESS OWNED BY GOVT.
NASIK (WEST INDIA)
DEWAS (CENTRAL INDIA)
2 PRINTING PRESS OWNED BY RBI
BHARATIYA RESERVE BANK NOTE MUDRAN LTD.
BHARATIYA RESERVE BANK NOTE MUDRAN SUBSIDIARY
MYSORE
SALBONI (AESTERN INDIA )
COINS MINTED UNDER GOVT. OF INDIA
MUMBAI
HYDERABAAD
CALCUTTA
NOIDA
CALCULATION OF CURRENCY IS WORK OF……
RBI
RBI IS CONTROLLED BY ….
CENTRAL BOARD OF DIRECTORS
CENTRAL BOARD OF DIRECTORS ARE APPOINTED FOR………terms
4 YEAR TERM
CENTRAL BOARD CONSISIT OF
SHAKTIKANTH DAS
2 DEPUTY GOVERNORS
2 FINIANCE MINISTRY 4 DIRECTORS LOCAL BOARD ( MUMBAI , KOLKATA ,NEW DELHI , CHENNAI)
EXECUTIVE HEAD OF RBI
GOVERNOR
GOVERNOR IS ACOMPANED BY ….
4 DEPUTY GOVERNOR
FIRST GOVERNOR OF RBI
OSBORNE SMITH
FIRST GOVERNOR OF RBI INDIAN
CD DESHMUKH
FIRST WOMEN DEPUTY GOVERNOR
K J UDESHI
…… CRORE APPROVE TO PROMOTE PAYMENT USING RUPAY CARDS
2600 CR
FUND WILL BE PAID TO BANKS IN THE VIE OF
MERCHANT DISCOUNT RATE
DIGITAL PAYMENT HAS YEAR TO YEAR GROWTH OF -
59 PERCENT
(8840 CR - 2022)
UPI (UNIFIED PAYMENT INTERFACE ) OPERATED BY
NATIONAL PAYMENT COPORATION OF INDIA
INDIA AND …… MADE AGREEMENT TO SHARE UPI
SINGAPORE
BY RBI + MONETORY AUTHORITY OF SINGAPORE
NPCI LAUNCHED UPI WITH ….MEMBER BANK IN
21 MEMBERS
2016
NPCI INTERNATIONAL ARM
NPCI NATIONAL PAYMENT LTD .
IN UAE BHIM UPI ALONG WITH NEOPAY ENABLE PAYMENT
GLOBALLY UPI IS ALSO ACEEPTED IN
BHUTAN AND NEPAL
NPCI WAS ESTABLISHED BY
RBI AND INDIAN BANK ASSOCIATION( UNDER PAYMENT AND SETTLEMENT ACT 2007 )
UNDER NOT FOR PROFIT - SECTION 25 COMPANIES ACT 1956
NOW SECTION 8 OF COMANY ACT 2013
HEADQUATER OF NPCI
MUMBAI
UPI 123 PAY INTRODUCED IN….
MARCH 2022
FIRST ATM WAS INTRODUCED IN
1987
ATM WAS INVENTED IN
JOHN SHEPERD BARRON
STROGEST CURRENCY IN THW WORLD
KUWAITI DINAR
$3.26
THE FIRST RUPPEE WAS INTRODUCED by
SHER SHAH SURI
FIRST PAPER NOTE
BANK OF HINDUSTAN
RUPPEE SYMBOL INTRO
15 JULY 2010
COMBINATION OF DEVANAGIRI RA AND ROMAN CAITAL R
SYMBOL OF RUPPEE IS DESIGNED BY
UDAYA KUMAR
BIGGETS DENOMINATION NOTE EVER CREATED BY RBI
10000(1938) AND 1954
FIRST OFFICIAL CURRENCY OF WORLD
LYDIAN STATER
SECTION 22 OF RBI ACT
SOLE RIGHT TO ISSUE BANKNOTES
THE COINAGE ACT 2011
DESIGN AND MINTCOINS - GOVERNMENT
FOUR COIN MINTS OWNED BY GOVT.
MUMBAI
KOLKATA
HYDERABAD
NOIDA
MAHATMA GANDHI SERIES NOTES
1996
2005 (20 RUPPEE)
2016(500, 2000)
RBI HAS PERMITTED BANKS FROM …. COUNTRIES TO TRADE IN RUPPEE
EIGHTEEN
OPEN VOSTRO ACCOUNTS -
DOMESTIC AND FORIGN AD BANKS IN ….CAES ARE FOR OPENING SRVAs OF BANKS FOR 18 NATIONS
60
THE PROCESS OF SVRAs BEGAN IN
2022, JULY