Question

organization and management of RBI​

Answer 1

Answer:

RBI started functioning from 1 April 1935 on term of RBI Act ,1934. But till Jan 1949 it was a private shareholder institution and after it it become state-owned institution under RBI Act 1948. The bank is managed by Central Board Of Directors ,four Local Board of Directors , committee of Central board of Directors.

Explanation:

Answer 2

RBI started functioning from 1 April 1935 on term of RBI Act ,1934. But till Jan 1949 it was a private shareholder institution and after it it become state-owned institution under RBI Act 1948. The bank is managed by Central Board Of Directors ,four Local Board of Directors , committee of Central board of Directors.

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