Current Affairs

GK MCQs Section

Page-4 of Archives: April, 2011

How Currency is Issued in India?

In India, the paper currency was first issued during British East India Company rule. The first paper currency issued in India was the Re. 1 note. The first...

April 28, 2011

National Bank for Agriculture and Rural Development (NABARD)

The National Bank for Agriculture and Rural Development (NABARD) is an apex development financial institution in India, established with the primary objective of fostering rural development and supporting...

April 28, 2011

Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL)

The Reserve Bank established BRBNMPL in February 1995 as a wholly-owned subsidiary to augment the production of bank notes in India and to enable bridging of the gap...

April 28, 2011

National Housing Bank (NHB)

National Housing Bank was set up on July 9, 1988 under the National Housing Bank Act, 1987 as a wholly-owned subsidiary of the Reserve Bank to act as...

April 28, 2011

Deposit Insurance and Credit Guarantee Corporation

With a view to integrating the functions of deposit insurance and credit guarantee, the Deposit Insurance Corporation and Credit Guarantee Corporation of India were merged and the present...

April 28, 2011

RBI Governor and Deputy Governors

Currently (September 2016), Dr. Urjit Patel is the Governor of RBI. The four Deputy Governors of RBI are Mr. Shri Harun Rashid Khan, Shri Urjit Patel, Shri R. Gandhi and Shri...

April 28, 2011

Board for Financial Supervision

The Board of Financial Supervision (BFS) was constituted in November 1994 as a committee of the Central Board of Directors. Its objective is to undertake consolidated supervision of...

April 28, 2011

Central Board of Directors

RBI’s business is overseen by Central Board of Directors, which delegates the functions to its committees and sub-committees. The Central Board of Directors is made up of the...

April 28, 2011

Structure of RBI

The Reserve Bank of India is wholly owned by the Government of India. The structure of RBI is as follows: Central Board of Directors At the apex is...

April 28, 2011

History of Reserve Bank of India

Prior to RBI, all the functions of a central bank were being done by Imperial Bank of India. Imperial Bank of India was established in 1921 via the...

April 28, 2011

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