Download PDF of RBI’s Structure, Management and Functions for Banking Awareness exam such as rbi exams and for various bank exams. Download RBI banking awareness concepts for bank exams.
Nationalized in 1949, 2 years post independence, Reserve Bank of India has been, ever since, the central banking institution for controlling Indian currency. Functions of RBI are not just limited to controlling the monetary flow in India but also managing the development strategy of India’s government. The current governor of RBI is Raghuram Rajan who heads a committee of Central Board of Directors where 19 regional offices are placed all over the country to ensure that functions of RBI are effectively utilized.
The primary function of RBI is to maintain a proper banking and financial system throughout the country and generate maximum banking awareness among people. Considered as the banker’s bank, RBI controls all private and public banks of the country. Apart from this RBI ensures that foreign exchange market in India is maintained and external trade is facilitated properly. Banking Awareness is imparted properly to the citizens of the country where the credit goes to the Central Bank.
RBI conducts its exams periodically for different posts thus making RBI exams competitive in nature. Get more info about the study material for RBI exams and get to know more about the structure and functions of RBI.
Download Banking Awareness PDF of RBI’s Structure, Management and Functions