regulatory review authority Flashcards
1
Q
first ever RRA when and for a period of_
A
- 1 year
2
Q
who is the head of this year’s RRA
A
deputy governor M rajeshwar rao
3
Q
what is its focus
A
streamlining regulatory instructions, reducing compliance burden of the regulated entities by simplifying procedures and reducing reporting requirements.review the regulations and compliances of the RBI to increase their effectively
4
Q
when was rbi nationalised
A
1949
5
Q
rbi act of_. rbi can form committees and give them powers based on sec_ of the rbi act
A
- sec 58.
