CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The 577th meeting of the Central Board of Directors of Reserve Bank of India(RBI) was held at ____ .
A
Hyderabad
B
New Delhi
C
Kolkata
D
Kochi
Explanation: 

Detailed explanation-1: -Press Releases. The 597th meeting of the Central Board of Directors of Reserve Bank of India was held today at its Regional Office in Jaipur under the Chairmanship of Shri Shaktikanta Das , Governor.

Detailed explanation-2: -Vivek Joshi, who is the Secretary in the Department of Financial Services, will hold the position of Director at the central bank. The nomination has come into effect from November 15, 2022, until further orders.

Detailed explanation-3: -Shri Shaktikanta Das is the present Governor of the RBI.

Detailed explanation-4: -The Board is constituted by co-opting four Directors from the Central Board as Members and is chaired by the Governor. The Deputy Governors of the Reserve Bank are ex-officio members. One Deputy Governor, traditionally, the Deputy Governor in charge of supervision, is nominated as the Vice-Chairman of the Board.

Detailed explanation-5: -Banking Regulation Act, 1949 Question 6 Detailed Solution RBI can carry out inspection of any bank under section 35 of Banking Regulation Act.

There is 1 question to complete.