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The Reserve Bank of India (RBI) is
India’s central banking institution, which controls the monetary policy
of the Indian rupee. It was established on 1 April 1935 during the
British Raj in accordance with the provisions of the Reserve Bank of
India Act, 1934.[3] The share capital was
divided into shares of 100 each fully paid, which was entirely owned by
private shareholders in the beginning.[4]
Following India’s independence in 1947, the RBI was nationalised in the
year 1949.The RBI plays an important part in the development strategy
of the Government of India. It is a member bank of the Asian Clearing
Union. The general superintendence and direction of the RBI is entrusted
with the 21-member- Central Board of Directors—the Governor (currently
Raghuram Rajan), four Deputy Governors, two Finance Ministry
representative, ten government-nominated directors to represent
important elements from India’s economy, and four directors to represent
local boards headquartered at Mumbai, Kolkata, Chennai and New Delhi.
Each of these local boards consists of five members who represent
regional interests, as well as the interests of co-operative and
indigenous banks.The bank is also active in promoting financial
inclusion policy and is a leading member of the Alliance for Financial
Reserve Bank Of India Released Notification For
Recruitment for the post of Junior Engineer (Civil/ Electrical) in Reserve Bank of India.Important Dates :‐
Website Link Open 30.01.2014 to 20.02.2014
Online 30.01.2014 to 20.02.2014
Payment of Examination Fees At Bank Branches 01.02.2014 to 25.02.2014
Date of Online Test 30.03.2014
APPLY
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