BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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RBI Governor
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RBI Deputy Governor
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Chief Financial Officer
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Person appointed by Union Government
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Detailed explanation-1: -The BPSS is empowered for authorising, prescribing policies and setting standards for regulating and supervising all the payment and settlement systems in the country. The Department of Payment and Settlement Systems of the Reserve Bank of India serves as the Secretariat to the Board and executes its directions.
Detailed explanation-2: -The Reserve Bank of India (RBI) on Tuesday announced that the government has nominated Vivek Joshi to its central board. Joshi who is the secretary of the Department of Financial Services, will hold the position of Director at RBI. The nomination has come into effect from November 15, 2022, until further orders.
Detailed explanation-3: -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.
Detailed explanation-4: -Today, we have the senior management of Reserve Bank, starting with Governor, Shri Shaktikanta Das – Deputy Governors, Shri M.K. Jain; Dr. Michael Patra; Shri M.