BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
RBI did not issue any currency notes during work period of which RBI Governor?
A
Sir C D Deshmukh
B
Sir Benegal Rama Rau
C
K G Ambegaonkar
D
H V R Iengar
Explanation: 

Detailed explanation-1: -Bimal Jalan, Governor of the Reserve Bank.

Detailed explanation-2: -The Department of Currency Management has the responsibility of administering the functions of currency management, a core function of the Reserve Bank in terms of the Reserve Bank of India Act, 1934. Currency management essentially relates to issue of notes and coins and retrieval of unfit notes from circulation.

Detailed explanation-3: -The One Rupee note is issued by the Ministry of Finance and it bears the signatures of Finance Secretary, while other notes bear the signature of Governor RBI. Q. The one rupee note bears the signature of . Q.

Detailed explanation-4: -RBI Governor Functions Monetary Authority: The RBI oversees the implementation of monetary policy. Financial System Regulator and Supervisor: The Reserve Bank of India (RBI) sets broad guidelines for banking activities under which the nation’s banking and financial system operates.

There is 1 question to complete.