General Knowledge - Indian Economy - Discussion
Discussion Forum : Indian Economy - Indian Economy (Q.No. 1)
1.
The central banking functions in India are performed by the
- Central Bank of India
- Reserve Bank of India
- State Bank of India
- Punjab National Bank
Discussion:
102 comments Page 7 of 11.
Ankit mishra said:
1 decade ago
RBI is the Central Bank of India and it works as bank of bank.
Pavan aravind said:
1 decade ago
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.
Himanshi khandelwal said:
1 decade ago
RBI is the central bank which issues the currency and founded in 1935.
Esakki rani said:
1 decade ago
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.
Sharan kamiria said:
1 decade ago
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.
Sweety said:
1 decade ago
It may be known as purchasing power of money
Arvind kumar said:
1 decade ago
The value of a commodity expressed in terms of money is known as?
Animesh said:
1 decade ago
RBI do all central banking functions.
Pramod kumar gupta said:
1 decade ago
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.
Sathya said:
1 decade ago
RBI is the only controlling authority to all banks in INDIA.
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