Q1. Who controles and supervisors for region exchange ?Q2. explain the

1.	Q1. Who controles and supervisors for region exchange ?Q2. explain the structure of RBI?
Answer» Reserve Bank of India is the Central Bank of India, which was established on the recommendation ofHilton Young Commissionon1stApril, 1935and was nationalised in1949. RBIis wholly owned by government in India.Reserve Bank’s Head Office is located inMumbai. Organisation and Management RBI is managed by theCentral Board of Directors. Presently, there are21 members: Governor – for a period of 5 years Four Deputy Governors – for a period of 5 years Four Directors (Each nominated by four Local Boards) Ten Directors (Nominated by Government of India) Two government officers (Nominated by Government of India) question 1 is not clear

Q1. Who controles and supervisors for region exchange ?Q2. explain the structure of RBI?

Answer»

Reserve Bank of India is the Central Bank of India, which was established on the recommendation ofHilton Young Commissionon1stApril, 1935and was nationalised in1949. RBIis wholly owned by government in India.Reserve Bank’s Head Office is located inMumbai.

Organisation and Management

RBI is managed by theCentral Board of Directors.

Presently, there are21 members:

Governor – for a period of 5 years

Four Deputy Governors – for a period of 5 years

Four Directors (Each nominated by four Local Boards)

Ten Directors (Nominated by Government of India)

Two government officers (Nominated by Government of India)

question 1 is not clear

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