B. N. Adarkar
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B. N. Adarkar
Bhaskar Namdeo Adarkar (18 May 1910 – 20 March 1998) was the ninth Governor of the Reserve Bank of India from 4 May 1970 to 15 June 1970. His term was the second-shortest (42 days) after Amitav Ghosh who had served for only 20 days. His term was short since he was filling in as interim before S. Jaganathan took over. Professional career Unlike his predecessors who were from the Indian Civil Service, Adarkar was an economist and had served in the office of the Economic Adviser of the Government of India. Prior to that he had held various important positions in the Ministry of Commerce & Industry. He was appointed a Member of the Order of the British Empire (MBE) in the 1946 New Year Honours. He was the Deputy Governor of the Reserve Bank before filling in as interim Governor. In March 1947 before Indian independence he was appointed by the Government of India to create a health insurance scheme for industrial workers.
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Reserve Bank Of India
The Reserve Bank of India, chiefly known as RBI, is India's central bank and regulatory body responsible for regulation of the Indian banking system. It is under the ownership of Ministry of Finance, Government of India. It is responsible for the control, issue and maintaining supply of the Indian rupee. It also manages the country's main payment systems and works to promote its economic development. Bharatiya Reserve Bank Note Mudran (BRBNM) is a specialised division of RBI through which it prints and mints Indian currency notes (INR) in two of its currency printing presses located in Nashik (Western India) and Dewas (Central India). RBI established the National Payments Corporation of India as one of its specialised division to regulate the payment and settlement systems in India. Deposit Insurance and Credit Guarantee Corporation was established by RBI as one of its specialised division for the purpose of providing insurance of deposits and guaranteeing of credit facilit ...
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Indian Rupee
The Indian rupee ( symbol: ₹; code: INR) is the official currency in the republic of India. The rupee is subdivided into 100 ''paise'' (singular: ''paisa''), though as of 2022, coins of denomination of 1 rupee are the lowest value in use whereas 2000 rupees is the highest. The issuance of the currency is controlled by the Reserve Bank of India. The Reserve Bank manages currency in India and derives its role in currency management on the basis of the Reserve Bank of India Act, 1934. Etymology The immediate precursor of the rupee is the ''rūpiya''—the silver coin weighing 178 grains minted in northern India by first Sher Shah Suri during his brief rule between 1540 and 1545 and adopted and standardized later by the Mughal Empire. The weight remained unchanged well beyond the end of the Mughals until the 20th century. Though Pāṇini mentions (), it is unclear whether he was referring to coinage. ''Arthashastra'', written by Chanakya, prime minister to the first Maurya ...
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1910 Births
Year 191 ( CXCI) was a common year starting on Friday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Apronianus and Bradua (or, less frequently, year 944 ''Ab urbe condita''). The denomination 191 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Parthia * King Vologases IV of Parthia dies after a 44-year reign, and is succeeded by his son Vologases V. China * A coalition of Chinese warlords from the east of Hangu Pass launches a punitive campaign against the warlord Dong Zhuo, who seized control of the central government in 189, and held the figurehead Emperor Xian hostage. After suffering some defeats against the coalition forces, Dong Zhuo forcefully relocates the imperial capital from Luoyang to Chang'an. Before leaving, Dong Zhuo orders his troops to loot the tombs of the Ha ...
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Members Of The Order Of The British Empire
The Most Excellent Order of the British Empire is a British order of chivalry, rewarding contributions to the arts and sciences, work with charitable and welfare organisations, and public service outside the civil service. It was established on 4 June 1917 by King George V and comprises five classes across both civil and military divisions, the most senior two of which make the recipient either a knight if male or dame if female. There is also the related British Empire Medal, whose recipients are affiliated with, but not members of, the order. Recommendations for appointments to the Order of the British Empire were originally made on the nomination of the United Kingdom, the self-governing Dominions of the Empire (later Commonwealth) and the Viceroy of India. Nominations continue today from Commonwealth countries that participate in recommending British honours. Most Commonwealth countries ceased recommendations for appointments to the Order of the British Empire when they cre ...
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Indian Civil Servants
Indian or Indians may refer to: Peoples South Asia * Indian people, people of Indian nationality, or people who have an Indian ancestor ** Non-resident Indian, a citizen of India who has temporarily emigrated to another country * South Asian ethnic groups, referring to people of the Indian subcontinent, as well as the greater South Asia region prior to the 1947 partition of India * Anglo-Indians, people with mixed Indian and British ancestry, or people of British descent born or living in the Indian subcontinent * East Indians, a Christian community in India Europe * British Indians, British people of Indian origin The Americas * Indo-Canadians, Canadian people of Indian origin * Indian Americans, American people of Indian origin * Indigenous peoples of the Americas, the pre-Columbian inhabitants of the Americas and their descendants ** Plains Indians, the common name for the Native Americans who lived on the Great Plains of North America ** Native Americans in the Un ...
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Indian Bankers
Indian or Indians may refer to: Peoples South Asia * Indian people, people of Indian nationality, or people who have an Indian ancestor ** Non-resident Indian, a citizen of India who has temporarily emigrated to another country * South Asian ethnic groups, referring to people of the Indian subcontinent, as well as the greater South Asia region prior to the 1947 partition of India * Anglo-Indians, people with mixed Indian and British ancestry, or people of British descent born or living in the Indian subcontinent * East Indians, a Christian community in India Europe * British Indians, British people of Indian origin The Americas * Indo-Canadians, Canadian people of Indian origin * Indian Americans, American people of Indian origin * Indigenous peoples of the Americas, the pre-Columbian inhabitants of the Americas and their descendants ** Plains Indians, the common name for the Native Americans who lived on the Great Plains of North America ** Native Americans in the U ...
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Governors Of The Reserve Bank Of India
The Governor of the Reserve Bank of India is the chief executive officer of India's central bank and the ''ex-officio'' chair of its Central Board of Directors. Indian Rupee currency notes, issued by the Reserve Bank of India, bear the governor's signature. Since its establishment in 1935 by the government of India, the RBI has been headed by twenty-fivegovernors. The governor of the Reserve Bank of India is a member of the Strategic Policy Group headed by National Security Advisor Ajit Doval. It is a crucial wing of the National Security Council. The term of office typically runs for three years and can, in some cases, be extended for another two years. The inaugural officeholder was the British banker Sir Osborne Smith, while Sir C. D. Deshmukh was the first native Indian governor. Holding office for over seven years, Sir Benegal Rama Rau was the longest-serving governor, while Amitav Ghosh's 20-day term is the shortest. The bank's fifteenthgovernor, Dr Manmohan Singh, later ...
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National Institute Of Bank Management
The National Institute of Bank ManagementNIBM is an autonomous institute located in Pune, India. It is an autonomous, apex institution for research, training, education and consultancy in bank management. About the institute NIBM was established on September 24, 1969, by the Reserve Bank of India (RBI), in consultation with the Government of India (GoI), as an autonomous apex institution for research, training, education and consultancy in Bank Management. Its mandate is to play a proactive role of "think-tank" of the banking system. NIBM is part of the grand vision of giving a new direction to the banking industry in India and making the same a more cost-effective instrument for national development. NIBM is governed by a Board, its highest policy-making body and, the governor of the Reserve Bank of India (RBI) is the chairman of the Governing Board. The Governing Board includes representatives from the various member banks and educational institutes. Prof. Partha Ray is the ...
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Employees' State Insurance
Employees' State Insurance Corporation (abbreviated as ESIC) is one of the two main statutory social security bodies under the ownership of Ministry of Labour and Employment, Government of India, the other being the Employees' Provident Fund Organisation. The fund is managed by the Employees' State Insurance Corporation (ESIC) according to rules and regulations stipulated in the ESI Act 1948. History In March 1943, Prof. B.P.Adarkar was appointed by the Government of India to create a report on the health insurance scheme for industrial workers. The report became the basis for the Employment State Insurance (ESI) Act of 1948. The promulgation of Employees’ State Insurance Act, 1948 envisaged an integrated need based social insurance scheme that would protect the interest of workers in contingencies such as sickness, maternity, temporary or permanent physical disablement, death due to employment injury resulting in loss of wages or earning capacity. The Act also guarantees re ...
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Mahatma Gandhi
Mohandas Karamchand Gandhi (; ; 2 October 1869 – 30 January 1948), popularly known as Mahatma Gandhi, was an Indian lawyer, anti-colonial nationalist Quote: "... marks Gandhi as a hybrid cosmopolitan figure who transformed ... anti-colonial nationalist politics in the twentieth-century in ways that neither indigenous nor westernized Indian nationalists could." and political ethicist Quote: "Gandhi staked his reputation as an original political thinker on this specific issue. Hitherto, violence had been used in the name of political rights, such as in street riots, regicide, or armed revolutions. Gandhi believes there is a better way of securing political rights, that of nonviolence, and that this new way marks an advance in political ethics." who employed nonviolent resistance to lead the successful campaign for India's independence from British rule, and to later inspire movements for civil rights and freedom across the world. The honorific ''Mahātmā'' (Sanskrit ...
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1946 New Year Honours
The 1946 New Year Honours were appointments by many of the Commonwealth Realms of King George VI to various orders and honours to reward and highlight good works by citizens of those countries, and to celebrate the passing of 1945 and the beginning of 1946. They were announced on 1 January 1946 for the United Kingdom, and Dominions, Canada, the Union of South Africa, and New Zealand.New Zealand list: The recipients of honours are displayed here as they were styled before their new honour, and arranged by honour, with classes (Knight, Knight Grand Cross, ''etc.'') and then divisions (Military, Civil, ''etc.'') as appropriate. United Kingdom and Colonies Viscount *Field-Marshal the Right Honourable Alan Francis, Baron Alanbrooke, , Aide-de-Camp General to the King. *Field-Marshal the Honourable Sir Harold Rupert Leofric George Alexander, , Aide-de-Camp General to the King. *Admiral of the Fleet the Right Honourable Andrew Browne, Baron Cunningham of Hyndhope, . *Field-Mars ...
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Vengurla
Vengurla is a town in Sindhudurg district of Maharashtra, India just north of Goa. It is surrounded by a semicircular range of hills with lush green foliage mainly of cashew, mango, coconut, and different kinds of berry trees. The hills of Dabholi, Tulas, and Mochemad respectively lie in the north, the east, and the south of Vengurla, while the Arabian Sea is located on its west. The town has a rich cultural heritage. Vengurla Taluka has some temples including those of Devi Sateri, Shri Rameshwar, Shri Navadurga at Kanyale Redi, Shri Mauli at Redi and Shiroda, Shri Vetoba at Aaravali, Shri Rampurush Temple at Kanyale Redi, Shri Ganesh at Redi and Shri Ravalnath. History Vengurla, being a safe and natural port, commercial centre was initially established during 1665 by Dutch traders and subsequently by British rulers. Signs of Dutch - British rulers are present in the city : Dutch Wakhar (Warehouse), St. Lukes Hospital, Crowferd Market, etc. Planned city having road, market, com ...
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