PRESENTED BY THAKUR VIKAS TOMAR AT PRESENT- FACULTY OF G.S. IN MUKHARJEE NAGAR EXAMS QUALIFIED-UPSC (PRE+MAINS)UPPSC EDUCATIONAL QUALIFICATION- NEW DELHI erms SSC,BANK PO ,LIC etc. # NPA MUDRA Bm GRADUATION-BBA POST GRADUATION PGDMM(A.M.U) M.A(ECONOMICS) M.COM PURSUING LLB 06z # ue TEACHING EXPERIENCE 8+Years) unacabem KD CAMPUS,CAREER POWER PIONEER,MAHENDRA ETC My Unacademy Profile https://unacademy.com/user/VikasThakur@05
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RBI: A CENTRAL BANK. INTRODUCTION OF RBI OFFICES OF RBI BOARD OF DIRECTORS SUBSIDIARY OF RBI MAIN FUNCTION OF RB
Objectives of the Central Bank Maintain internal value of currency Promote financial institutions Preserve the external value of rupee Promote economic growth Ensure price stability
Introduction The Reserve Bank of India is the Central and apex banking institution in India I is a state-owned organization that functions as a corporate body with special powers and obligations for serving the national interest. Reserve Bank of India Act, 1934: governs the Reserve Bank functions . Banking Regulation Act, 1949: governs the financial sector
Introduction to RBI .The central bank of the country is the Reserve Bank of India (RBI) .It was established in April 1935 with a share capital of Rs. 5 crores on the basis of the recommendations of the Hilton Young Commission The share capital was divided into shres of Rs. 100 each fully paid which was entirely owned by private shareholders in the beginning. .The Government held shares of nominal value of Rs. 2.20,000 Reserve Bank of India
HISTORY It was established on April 1935 during British Raj in accordance with the provisions of Reserve Bank of India Act 1935 1913-Chamber lane commission suggest a central bank for India 1926-Royal Commission/ Hilton Young Commission again suggested a central Bank for India. It began according to the guidelines laid down by Dr. Ambedkar. He presented guidelines, working style and outlook in from of Hilton Commission 1 Jan 1949-Nationalization of RBI under public ownership act (1948) as government acquired private share holding. It was established on 1 April 1935 with a capital of 5 crore. This capital was divided into shares equity of Rs. 100 each. In the beginning, the ownership of almost all the share was with a non govemment share holders
Important Events in RBI History Date 4th August 1926 5th March 1934 chronological order Hilton Young Commission report recommends the establishment of RBI Reserve bank of India act passed which provided statutory basis of the bank functioning. Reserve Bank of India commenced operations. Sir Osborne Smith was the First Governor of the Bank. Banking fiunctions in Burma Ceased with the termination of 1t April 1947 Part II of Burma Monetary arrangements Bank ceased to be the Currency Authority of Pakistan and State Bank of Pakistan commenced operations from 1 July 1948 30th June1948 1st January 1949 16 March 1949 Reserve Bank of India Nationalised. SLR(Statutory Liquid Ratio) introduced for the first time.
BANK Seal of RBI
Current RBLogo: East India Company BANK
The Governor is seated in the central office and formulation of policies take place here. Initially RBI was privately owned. It was nationalized on 1 Jan 1949. It is fully owned by the Government of India.
Vikas Kumar Singh Tomar
Faculty of GA&GS in Delhi Since 2010.Selected in LIC(ADO),BankPO,CGL.2 Times Mains in CSE.Founder:-GovtJobsAcademy @Youtube/Telegram/FB/Web.