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James Braid Taylor
Sir James Braid Taylor, KCIE (21 April 1891 – 17 February 1943) was the second Governor of the Reserve Bank of India, holding office from 1 July 1937 until his death on 17 February 1943. He succeeded Sir Osborne Smith who was the Governor from 1 April 1935 to 30 June 1937. He was appointed a CIE in the 1933 New Year Honours List, knighted in the 1935 Silver Jubilee and Birthday Honours List and further appointed a KCIE in the 1939 Birthday Honours List. Taylor, a member of the Indian Civil Service, served as a Deputy Controller in the Currency Department of the Government of India for over a decade. He later became the Controller of Currency, and additionally secretary in the Finance Department. He then became the Deputy Governor of the Reserve Bank and succeeded Smith as the Governor. He was closely associated with the preparation and piloting of the Reserve Bank of India Bill. He governed the bank during the war years and was involved in decision to move from a silver curr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Osborne Smith
Sir Osborne Arkell Smith, KCSI, KCIE (26 December 1876 – 30 August 1952) was the first Governor of the Reserve Bank of India, a post he held from 1 April 1935 to 30 June 1937. Smith was a professional banker who served for 20 years with the Bank of New South Wales and 10 years with the Commonwealth Bank of Australia. He then came to India in 1926 as Managing Governor of the Imperial Bank of India. He was knighted in March 1929, and was invested with his knighthood by the Governor-General of India, Lord Irwin, at the new Viceroy's House in New Delhi on 27 February 1930. Smith was further appointed a KCIE in the 1932 New Year Honours list and appointed a KCSI in February 1937. His stewardship of the Imperial Bank won him recognition in banking circles in India. Since his outlook on policy issues like the exchange rates and interest rates differed with that of the Government, he resigned before the completion of his term of office. Sir Osborne did not sign any Indian r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indian Civil Service
The Indian Civil Service (ICS), officially known as the Imperial Civil Service, was the higher civil service of the British Empire in India during British rule in the period between 1858 and 1947. Its members ruled over more than 300 million people in the Presidencies and provinces of British India and were ultimately responsible for overseeing all government activity in the 250 districts that comprised British India. They were appointed under Section XXXII(32) of the Government of India Act 1858, enacted by the British Parliament. The ICS was headed by the Secretary of State for India, a member of the British cabinet. At first almost all the top thousand members of the ICS, known as "Civilians", were British, and had been educated in the best British schools.Surjit Mansingh, ''The A to Z of India'' (2010), pp 288–90 At the time of the creation of India and Pakistan in 1947, the outgoing Government of India's ICS was divided between India and Pakistan. Although these are no ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Order Of The Indian Empire
The Most Eminent Order of the Indian Empire is an order of chivalry founded by Queen Victoria on 1 January 1878. The Order includes members of three classes: #Knight Grand Commander (GCIE) #Knight Commander ( KCIE) #Companion ( CIE) No appointments have been made since 1947, the year that British India gained independence as the Union of India and Dominion of Pakistan. With the death of the last surviving knight, the Maharaja Meghrajji III of Dhrangadhra, the order became dormant in 2010. The motto of the Order is ''Imperatricis auspiciis'', (Latin for "Under the auspices of the Empress"), a reference to Queen Victoria, the first Empress of India. The Order is the junior British order of chivalry associated with the British Indian Empire; the senior one is The Most Exalted Order of the Star of India. History The British founded the Order in 1878 to reward British and native officials who served in British India. The Order originally had only one class (Companion), but exp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Governor 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1933 New Year Honours
The 1933 New Year Honours were appointments by King George V to various orders and honours to reward and highlight good works by citizens of the United Kingdom and British Empire. They were announced on 30 December 1932. 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 British Empire Baron *Sir Joseph Duveen Trustee of the National Gallery. Trustee of the Wallace Collection. Trustee of the Imperial College of Art. For public services. *Sir Thomas Jeeves Horder Senior Physician to St. Bartholomew's Hospital. *Field-Marshal Sir George Francis Milne Colonel Commandant, Royal Artillery. Master Gunner, St. James's Park. Chief of the Imperial General Staff since 1926. *Sir Charles Alexander Nall-Cain For political and public services in Lancashire and Hertfordshire. *The Right Hono ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fiat Money
Fiat money (from la, fiat, "let it be done") is a type of currency that is not backed by any commodity such as gold or silver. It is typically designated by the issuing government to be legal tender. Throughout history, fiat money was sometimes issued by local banks and other institutions. In modern times, fiat money is generally authorized by government regulation. Fiat money generally does not have intrinsic value and does not have use value. It has value only because the individuals who use it as a unit of account or, in the case of currency, a medium of exchange agree on its value. They trust that it will be accepted by merchants and other people. Fiat money is an alternative to commodity money, which is a currency that has intrinsic value because it contains, for example, a precious metal such as gold or silver which is embedded in the coin. Fiat also differs from representative money, which is money that has intrinsic value because it is backed by and can be converted in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banknote
A banknote—also called a bill (North American English), paper money, or simply a note—is a type of negotiable instrument, negotiable promissory note, made by a bank or other licensed authority, payable to the bearer on demand. Banknotes were originally issued by commercial banks, which were legally required to Redemption value, redeem the notes for legal tender (usually gold or silver coin) when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have primarily been replaced by national banknotes issued by central banks or monetary authority, monetary authorities. National banknotes are often – but not always – legal tender, meaning that courts of law are required to recognize them as satisfactory payment of money debts. Historically, banks sought to ensure that they could always pay customers in coins when they presented banknotes for payment. This p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Knights Commander Of The Order Of The Indian Empire
A knight is a person granted an honorary title of knighthood by a head of state (including the Pope) or representative for service to the monarch, the church or the country, especially in a military capacity. Knighthood finds origins in the Greek ''hippeis'' and '' hoplite'' (ἱππεῖς) and Roman '' eques'' and ''centurion'' of classical antiquity. In the Early Middle Ages in Europe, knighthood was conferred upon mounted warriors. During the High Middle Ages, knighthood was considered a class of lower nobility. By the Late Middle Ages, the rank had become associated with the ideals of chivalry, a code of conduct for the perfect courtly Christian warrior. Often, a knight was a vassal who served as an elite fighter or a bodyguard for a lord, with payment in the form of land holdings. The lords trusted the knights, who were skilled in battle on horseback. Knighthood in the Middle Ages was closely linked with horsemanship (and especially the joust) from its origins in th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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