General Knowledge - Indian Economy - Discussion

Discussion :: Indian Economy - Indian Economy (Q.No.1)

1. 

The central banking functions in India are performed by the

  1. Central Bank of India
  2. Reserve Bank of India
  3. State Bank of India
  4. Punjab National Bank

[A]. I, II
[B]. II
[C]. I
[D]. II, III

Answer: Option B

Explanation:

No answer description available for this question.

Kumar said: (Aug 27, 2010)  
RBI ACTS AS A BIG FATHER OF BANKS IN INDIA and all the control of banks been done by RBI only.

Sajid said: (Oct 21, 2010)  
NO DOUBT RBI IS CENTRAL BANK TO INDIA

Subhajit said: (Jan 11, 2011)  
RBI IS THE APEX BANK IN INDIA.

Brij said: (Feb 4, 2011)  
RBI IS The ZENITH BANK OF INDIA

Rakesh Shukla said: (Feb 12, 2011)  
Reserve bank of India perform regulation of banking field so absolutely RBI is central banking'.

Umesh Singh said: (Mar 4, 2011)  
RBI founded in 1935

Abhi &Amp;Pravin said: (Mar 31, 2011)  
RBI GOVERNOR AT PRESENT D.SUBBA RAO (As of now 31/03/2011)

Manowar Hossain(Iibs) said: (Apr 26, 2011)  
ITS REALLY TRUE....RBI HAVE CONTROL OVERALL INDIAN BANK

Mandeep Phalswal said: (Jul 5, 2011)  
One rupee note does not have governer sign.

Bhawsar said: (Aug 1, 2011)  
RBI have control overall Indian Bank

Sankar Kumar said: (Aug 6, 2011)  
One rupee note have sign of finance minister.

Prativa Das said: (Nov 5, 2011)  
RBI REGULATES ALL THE BANKS OF INDIA AND ALL D BANKS OBEY RBI'S MADE RULES.

Abdulmajeed Kadooran - Areacod said: (Jan 24, 2012)  
In India RBI is the central bank. RBI is the apex of the banking structure of India. RBI performs the functions of central bank like

i) Issuing of currency
ii) Act as bankers bank
iii) Act as banker, agent and advisor to government etc.

Shyamal said: (Jan 26, 2012)  
RBI does not only regulate the rules for all nationalised banks but also it leads India infront of other countries. This is the bank which transacts with the foriegn behalf of India govt.

Ashok Kumar Bag said: (Jan 30, 2012)  
RBI is the banker's banks of India. It makes all policies and regulations.

Surya Ias said: (Feb 2, 2012)  
RBI takes care of Monetory Policy in India for details http://www.rbi.org.in/Scripts/Annualpolicy.aspx

Sandeep said: (Feb 15, 2012)  
All the rules and regulations for banking implimented and roled by RBI

Sisir Kanti Majumder said: (Apr 19, 2012)  
RBI is the guardian of all banking systems. It regulates the lending policy, Repo rate, Reverse Repo rate, controlls all activities of the financial institutions of the country, maintains reserve for all transactions.

Murugan P K said: (May 7, 2012)  
Very thinks of these answer are goods and yours effort to be appreciated.

Puja Nayak said: (May 15, 2012)  
RBI is the head of all bank available in India

Sager said: (Jun 7, 2012)  
RBI is father of bank, control banking adminstration.

Kunal Rana said: (Aug 8, 2012)  
In order to prevent the Centralization of the equity shares in the hands of a few people, the Reserve Bank of India was established on January 1, 1949.

Madhusudan Rana said: (Sep 27, 2012)  
At the time of inflation RBI plays a vital role, i.e., [open market operation].

Nandhini said: (Sep 27, 2012)  
RBI is controlling the regulation of the other bank's.

Rajitha said: (Oct 2, 2012)  
Yea RBBI is Bankers Bank.

Arshinandhu said: (Oct 18, 2012)  
RBI is the central processor of all banks in india.

Nikita Bansal said: (Nov 6, 2012)  
RBI regulates the all banks in India. Its have a authorities to make rules and regulations.

Jetendra Panwar said: (Nov 18, 2012)  
Yes RBI is central bank of India it is slected the all bank rule in India.

Nanthini-Bba said: (Nov 23, 2012)  
RBI is apex for all bank sectors.

Hrishikesh Goswami said: (Jan 22, 2013)  
RBI is the supreme institution in India which has all the regulatory authority.

Ksanju said: (Jan 31, 2013)  
Bankers bank is RBI & RBI is supreme.

Vivek said: (Apr 17, 2013)  
Only RBI controls the rules and regulation of Indian economy.

Sathya said: (Apr 27, 2013)  
RBI is the only controlling authority to all banks in INDIA.

Pramod Kumar Gupta said: (Jun 15, 2013)  
RBI is the regulatory body of money supply of India but they does not totally care on the private sector banks you know that many private banks takes money from the market and go out from the market then public what will do every does know that private company gives more return than national bank so but government should be control on that. Thank you.

Animesh said: (Jul 18, 2013)  
RBI do all central banking functions.

Arvind Kumar said: (Jul 28, 2013)  
The value of a commodity expressed in terms of money is known as?

Sweety said: (Jul 31, 2013)  
It may be known as purchasing power of money

Sharan Kamiria said: (Aug 1, 2013)  
RBI is father of nationalized bank and also itself nationalized. it controls all the banks private or govt. banks.We can say that RBI is father and other banks are children of RBI. Father gives the order and sons accept its orders.

Esakki Rani said: (Aug 7, 2013)  
All the controls of banks been done by RBI only. It founded in 1935. RBI governor at present D. SUBBARAO. It makes all policies and regulations.

Himanshi Khandelwal said: (Aug 24, 2013)  
RBI is the central bank which issues the currency and founded in 1935.

Pavan Aravind said: (Sep 11, 2013)  
RBI nationalized in 1949. It is establish in 1935 under 1934 RBI act. First it is establish by private individuals with 5cr of capital in 1935.

Ankit Mishra said: (Sep 13, 2013)  
RBI is the Central Bank of India and it works as bank of bank.

Palak said: (Sep 30, 2013)  
RBI Governor is Raghuram Rajan from 4 sept 2013.

Kulvinder said: (Oct 13, 2013)  
Raghuram Ranjan is the youngest Governor of RBI.

Raj Kumar said: (Dec 1, 2013)  
I want know all RBI governor names 1935 to present.

Robinson said: (Dec 7, 2013)  
RBI is the overall authority of printing notes, implementation of rules and regulation and monitoring of the banks.

Dayanand.M.Donagapure Gorta(B) said: (Mar 19, 2014)  
RBI is the apex bank of India and it is a performed by the banker's bank.

Deepa said: (Mar 26, 2014)  
What is exchange rate ?

Santoshi Raula said: (Jun 17, 2014)  
Exchange rate is nothing but dealing with foreign currency that means converting the domestic currency into foreign currency while deals payment and receiving the money value from foreign country.

Dhruvil said: (Jun 18, 2014)  
Reserve bank is funding bank of India.

Supriya said: (Jun 26, 2014)  
RBI is the backbone of Indian economy.

Pallavi said: (Jul 22, 2014)  
Who is present governor of RBI? How share market act?

Suban Shariff.A said: (Jul 23, 2014)  
RBI is the central bank of India and it is the only bank constitutes during British rule to regulate the money source in India. It was constitutes in the year 1935.

Kaustav said: (Oct 10, 2014)  
Now (10th October 2014) the governor of RBI Raghuram Govinda Rajan and his service period till 2016.

P S Manhas said: (Oct 19, 2014)  
On which basis value of currency is fixed in 1947 1 rupee = 1 dollar.

Geetha said: (Nov 25, 2014)  
RBI is bankers bank.

Madhukeshav said: (Feb 12, 2015)  
Yes RBI is correct but early time RBI was called Central Bank of India.

Manoj said: (Feb 24, 2015)  
RBI is called Lender of the last resort, as it is the banker of all banks.

Venkatswamy said: (Mar 13, 2015)  
Reservation of bank is correct the RBI governor is Raguram Raj the collecting of income tax, through banks it is announce to the RBI bank.

Kotresh Gaddi said: (Mar 17, 2015)  
Reserve bank of India is also called as an central bank of Indian.

Shrawan Kumar Maurya said: (Apr 16, 2015)  
RBI is the bankers of banks.

Darshan said: (May 11, 2015)  
Reserve Bank of India (RBI) do all central banking functions.

R.Ananda Siva Kumar said: (Jul 10, 2015)  
RBI controls all the banks.

Cheyasi said: (Aug 22, 2015)  
Yes RBI is the central bank. No doubt.

B.L. Soni said: (Sep 20, 2015)  
RBI is the bank of bank.

Yash said: (Sep 27, 2015)  
It is banker of banks.

Muhammad Ajmal Sha.N said: (Dec 3, 2015)  
RBI is the biggest bank in India and it's current governor is Raghuram Rajan.

Chandrakanti Nayak said: (Dec 12, 2015)  
RBI is the banker's bank. It may tell head of bank.

Pankaj said: (Jan 31, 2016)  
Because leadership bank in India is RBI.

Manu Souji said: (Feb 20, 2016)  
All the banks are under the control of RBI.

Logeshwari said: (Mar 6, 2016)  
RBI is an central bank of India. Its made the rules for every bank.

Majid said: (Mar 24, 2016)  
RBI is the bankers of the bank. It is a central bank.

Rahul Singh said: (May 13, 2016)  
RBI is the central bank of India. So every function of India is performing by RBI.

It controls the monetary policy of the Indian rupee and it plays an important part in the Development Strategy of the Government of India.

Rajesh said: (Jun 6, 2016)  
Raghuram Rajan is head of the RBI bank.

Anyone answer for my question.

Who made rules for every bank?

Poonam Subhash said: (Jun 8, 2016)  
No doubt RBI is banker's bank and each and every financial function is controlled by RBI. Every other bank is controlled by RBI. It is the bigger bank in India.

Somnath Majumdar said: (Jun 22, 2016)  
There is the only one bank which conduct and control over all banks such as example as like Punjab National Bank, so anyhow no doubt that all bank function and activities are performed by RBI.

Anshool Anand said: (Jul 30, 2016)  
Present RBI governor is Raghuram Rajan and deputy governor is H.R. Khan, Urjit Patel, R.Gandhi and S.S Mundra . RBI IS THE BRANCH BANK OF ASIAN CLEARING UNION.

Kowsi said: (Aug 15, 2016)  
RBI is the bankers bank.

Santhu said: (Sep 4, 2016)  
Yes, RBI is the banker's bank.

Rksorissa said: (Sep 8, 2016)  
Now the governor is Urjit Patel.

Sakthi said: (Oct 2, 2016)  
RBI all rules and regulation followed the all commercial banks. RBI started on 1st Jan 1935 and nationalised on 1 April 1946.

Purnima Tiwari said: (Oct 25, 2016)  
RBI is the bank who control all the bank and operate them according to his rules and regulation. All bank take money from RBI that is case reserve ratio so that is why RBI is the apex bank and father of all bank.

Ankit said: (Oct 25, 2016)  
RBI IS THE BANKER'S BANK OF THE INDIAN ECONOMICS.

Vinod Uv said: (Nov 9, 2016)  
RBI headquarter is in MUMBAI.

Present RBI governed is URJIT PATEL.

Mihir @ Biju. said: (Jan 4, 2017)  
All the central banking functions are rest upon the Reserve Bank of India, because RBI is the apex all bank.

Sunitha said: (Jan 24, 2017)  
Present RBI governor is Urjit Patel.

Yashwant Swami said: (Jan 26, 2017)  
RBI control the functions of all banks. It's the apex bank.

Kavya Sri.S said: (Jan 31, 2017)  
Banking functions in India are performed by reserve bank of India.

Shwe said: (Feb 6, 2017)  
RBI is the father of all banks.

Kumar Shailesh said: (Feb 11, 2017)  
Banking function is performed by RBI in India.

Skab Rauf said: (Feb 12, 2017)  
RBI is the banker of the banks which is the apex institution regulating all functions in the country.

Venkat said: (Sep 25, 2017)  
Supreme Bank of India is RBI and all the decisions and monitory policies will decided by the one only.

Ashok Kalo said: (Oct 4, 2017)  
What is the monetary policy? anybody answer it?

Sanjay Yadav said: (Oct 9, 2017)  
Yes, RBI is the central bank of India.

Vivek Chhetri said: (Dec 9, 2017)  
RBI is the head office of all banks.

Manjunath G Wali said: (Dec 24, 2017)  
RBI is the constitutional body established in the year 1934 as a watchingdig of financial system in the country and it is the banker if all the banks in the country.

C.Jayaramakrishnan said: (Jun 29, 2018)  
Which is the correct answer? Please tell me.

Nima Thendup Bhutia said: (Jul 12, 2018)  
Reserve Bank of India.

Raghav said: (Oct 28, 2018)  
Monterey authority and liability rights are with RBI. So known as bankers bank. Therefore RBI is the central bank too.

Post your comments here:

Name *:

Email   : (optional)

» Your comments will be displayed only after manual approval.