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Reserve Bank Of India
Reserve Bank of India, abbreviated as RBI, is the central bank of the Republic of India, and regulatory body responsible for regulation of the Indian banking system and Indian rupee, Indian currency. Owned by the Ministry of Finance (India), Ministry of Finance, Government of India, Government of the Republic of India, it is responsible for the control, issue, and maintenance of the supply of the Indian rupee. It also manages the country's main payment systems and works to promote its economic development. The RBI, along with the Indian Banks' Association, established the National Payments Corporation of India to promote and regulate the payment and settlement systems in India. Bharatiya Reserve Bank Note Mudran, 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 Mysore (Karnataka; Southern India) and Salboni (West Bengal; Eastern India). Depos ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Seal Of The Reserve Bank Of India
Seal may refer to any of the following: Common uses * Pinniped, a diverse group of semi-aquatic marine mammals, many of which are commonly called seals, particularly: ** Earless seal, also called "true seal" ** Fur seal ** Eared seal * Seal (emblem), a device to impress an emblem, used as a means of authentication, on paper, wax, clay or another medium (the impression is also called a seal) * Seal (mechanical), a device which helps prevent leakage, contain pressure, or exclude contamination where two systems join ** Hermetic seal, an airtight mechanical seal * Security seals such as labels, tapes, bands, or ties affixed onto a container in order to prevent and detect tampering Arts, entertainment and media * ''Seal'' (1991 album), by Seal * ''Seal'' (1994 album), sometimes referred to as ''Seal II'', by Seal * '' Seal IV'', a 2003 album by Seal * '' Seal Online'', a 2003 massively multiplayer online role-playing game Law * Seal (contract law), a legal formality for c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Finance (India)
The Ministry of Finance (IAST: ''Vitta Maṃtrālaya'') is a ministry within the Government of the Republic of India concerned with the economy of India, serving as the Treasury of India. In particular, it concerns itself with taxation, financial legislation, financial institutions, capital markets, currency regulation, banking service, centre and state finances, and the Union Budget. The Ministry of Finance is the apex controlling authority of ''four'' central civil services namely Indian Revenue Service, Indian Audit and Accounts Service, Indian Economic Service and Indian Civil Accounts Service. It is also the apex controlling authority of one of the central commerce services namely Indian Cost and Management Accounts Service. History Sir Ramasamy Chetty Kandasamy Shanmukham Chetty KCIE (17 October 1892 – 5 May 1953) was the first Finance Minister of independent India. He presented the first budget of independent India on 26 November 1947. Department of Econ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
First World War
World War I or the First World War (28 July 1914 – 11 November 1918), also known as the Great War, was a World war, global conflict between two coalitions: the Allies of World War I, Allies (or Entente) and the Central Powers. Fighting took place mainly in European theatre of World War I, Europe and the Middle Eastern theatre of World War I, Middle East, as well as in parts of African theatre of World War I, Africa and the Asian and Pacific theatre of World War I, Asia-Pacific, and in Europe was characterised by trench warfare; the widespread use of Artillery of World War I, artillery, machine guns, and Chemical weapons in World War I, chemical weapons (gas); and the introductions of Tanks in World War I, tanks and Aviation in World War I, aircraft. World War I was one of the List of wars by death toll, deadliest conflicts in history, resulting in an estimated World War I casualties, 10 million military dead and more than 20 million wounded, plus some 10 million civilian de ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reserve Bank Of India 2010 Stamp
Reserve or reserves may refer to: Places * Reserve, Kansas, a US city * Reserve, Louisiana, a census-designated place in St. John the Baptist Parish * Reserve, Montana, a census-designated place in Sheridan County * Reserve, New Mexico, a US village * Reserve, Wisconsin, a census-designated place in the town of Couderay * Reserve Mines, a community in Cape Breton Regional Municipality, Nova Scotia, Canada Auctions * Auction reserve, a minimum amount of money bid required for a sale, e.g., in an English auction * No-reserve auction (NR), also known as an absolute auction, an auction in which the item for sale will be sold regardless of price * Reserve price, the underlying concept Economics and finance * Reserve (accounting), any part of shareholders' equity, except for basic share capital * Actuarial reserves, a liability equal to the present value of the future expected cash flows of a contingent event * Bank reserves, holdings of deposits in central banks plus currency ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alliance For Financial Inclusion
The Alliance for Financial Inclusion (AFI) is a policy leadership alliance owned and led by member central banks and financial regulatory in developing countries with the objective of advancing financial inclusion. As of February 2025, AFI had 90 members from 83 countries developing and emerging economies, representing central banks, financial regulatory institutions, and financial inclusion policymakers. AFI partners with regulators in advanced economies, international organizations and private sector leaders to drive practical solutions and facilitate the implementation of impactful policy changes through its cooperative model that embeds peer learning, knowledge exchange and peer transformation. AFI was founded on the idea that a global knowledge exchange platform was key to expanding and improving financial inclusion policies. AFI connects, encourages and enables policymakers to build capacity and develop policy initiatives in areas of financial technology (fintech), consumer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asian Clearing Union
The Asian Clearing Union (ACU) was established on December 9, 1974, at the initiative of the United Nations Economic and Social Commission for Asia and the Pacific United may refer to: Places * United, Pennsylvania, an unincorporated community * United, West Virginia, an unincorporated community Arts and entertainment Films * ''United'' (2003 film), a Norwegian film * ''United'' (2011 film), a BBC Two f ... (ESCAP). The primary objective of ACU, at the time of its establishment, was to secure regional co-operation regarding the clearing of eligible monetary transactions among the members of the Union to provide a system for clearing payments among the member countries on a multilateral basis. Objectives * To facilitate settlement of payments on a multilateral basis, * To promote the use of participants' currencies, * To promote monetary co-operation among the participants, * To provide for currency swap arrangement among the participants. Settlement process Period: Bim ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nationalization
Nationalization (nationalisation in British English) is the process of transforming privately owned assets into public assets by bringing them under the public ownership of a national government or state. Nationalization contrasts with privatization and with demutualization. When previously nationalized assets are privatized and subsequently returned to public ownership at a later stage, they are said to have undergone renationalization (or deprivatization). Industries often subject to nationalization include telecommunications, electric power, fossil fuels, railways, airlines, iron ore, media, postal services, banks, and water (sometimes called the commanding heights of the economy), and in many jurisdictions such entities have no history of private ownership. Nationalization may occur with or without financial compensation to the former owners. Nationalization is distinguished from property redistribution in that the government retains control of nationalized pro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monetary Policy Of India
Monetary policy is the process by which the monetary authority of a country, generally central bank controls the supply of money in the economy. In India, the central monetary authority is the Reserve Bank of India (RBI). Monetary policy committee The Reserve Bank of India Act, 1934 (RBI Act) was amended by the Finance Act, 2016, to provide a statutory and institutionalised framework for a Monetary Policy Committee, for maintaining price stability, while keeping in mind the objective of growth. The Monetary Policy Committee is entrusted with the task of fixing the benchmark policy rate (repo rate) required to maintain inflation within the specified target level. As per the provisions of the RBI Act, three of the six Members of the Monetary Policy Committee will be from the RBI and the other three Members will be appointed by the Central Government. The Government of India, in consultation with RBI, notified the 'Inflation Target' in the Gazette of India Extraordinary dated 5 A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deposit Insurance And Credit Guarantee Corporation
Deposit Insurance and Credit Guarantee Corporation (DICGC) is a specialised division of Reserve Bank of India which is under the jurisdiction of Ministry of Finance, Government of India. It was established on 15 July 1978 under the Deposit Insurance and Credit Guarantee Corporation Act, 1961 for the purpose of providing insurance of deposits and guaranteeing of credit facilities. DICGC insures all bank deposits, such as saving, fixed, current, recurring deposit for up to the limit of Rs. 500,000 of each depositor in a bank. The limit was increased from 1 lakh to 5 lakh on 4th February 2020. Statistics The functions of the subsidiary are governed by the provisions of ''The Deposit Insurance and Credit Guarantee Corporation Act, 1961'' (DICGC Act) and ''The Deposit Insurance and Credit Guarantee Corporation General Regulations, 1961'' framed by the Reserve Bank of India in exercise of the powers conferred by sub-section (3) of Section 50 of the Act. A maximum of ₹5,0 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Salboni
Salboni (also written as Shalbani, Salbani) is a village in the Salboni CD block, in the Medinipur Sadar subdivision of the Paschim Medinipur district in the Indian state of West Bengal. Salboni is the location of one of the Reserve Bank of India currency printing presses and the elite CoBRA BN of CRPF. History Raja Horogobindo Banerjee, popularly known as Horo Thakur, succeeded his father Raja Dr. Keshab Chandra Banerjee and ruled the region. During his lifetime, Banerjee established several Sanskrit schools as well as a college called "Horogobindo Chatuspathi." Horogobindo Chatuspathi is considered to have been a vibrant hub, having played host to an annual seminar that was nearly always attended by Acharya Vinobha Vabe. During World War II, Salboni was the site of a Royal Air Force airfield (''RAF Salbani''). British officers are buried in the Sal Tree Jungle in Salboni . Geography Location Salboni is located in West Bengal at the coordinates of . It has an average ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mysore
Mysore ( ), officially Mysuru (), is a city in the southern Indian state of Karnataka. It is the headquarters of Mysore district and Mysore division. As the traditional seat of the Wadiyar dynasty, the city functioned as the capital of the Kingdom of Mysore for almost six centuries (). Known for its heritage structures, palaces (such as the famous Mysore Palace), and its culture, Mysore has been called the "City of Palaces", the "Heritage City", and the " Cultural capital of Karnataka". It is the second-most populous city in the state and one of the cleanest cities in India according to the Swachh Survekshan. Mysore is situated at the foothills of the Chamundi Hills. At an altitude of above mean sea level, the city of Mysore is geographically located at 12° 18′ 26″ north latitude and 76° 38′ 59″ east longitude. It is about southwest of the state's capital, Bangalore, and spreads across an area of (city and neighbouring census towns). The population of th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
