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NABARD Grade A Examination: This exam is conducted by the bank almost every year to recruit Grade-A Officers (Assistant Managers in Group 'A') for its Rural Development Banking Services (RDBS) and Rajbhasha Services. [36] NABARD Grade-B Examination: This exam is conducted to recruit Grade-B Officers (Managers in Group 'A'). However, its ...
The RBI regulates this ratio so as to control the amount a bank can lend to its customers. For example, an individual wants to buy a car using borrowed money and the car's value is ₹1 million. If the LTV is set to 70% he can borrow a maximum of ₹700,000. The RBI can decrease or increase to curb inflation or deflation respectively.
Combined Graduated Level Examination (SSC CGL or CGLE) is an examination conducted by the Staff Selection Commission to recruit Group B and C officers to various posts in ministries, departments and organizations of the Government of India. The Staff Selection Commission was established in 1975.
Instances of cheating in various public examinations, including entrance exams like State PSCs, and even school board exams, have been repeatedly reported. [6] These cases involved practices like paper leaks, organized cheating gangs, impersonation, and electronic device usage. [7] [8]
Narasimham was a RBI research officer who served as an additional Secretary to the Department of Economic Affairs prior to becoming the governor. 14 I. G. Patel: 1 December 1977 — 15 September 1982 4 years, 288 days Patel was an economist who served as a secretary in the Ministry of Finance prior to becoming the governor.
Montek Singh Ahluwalia - Economic adviser in the Ministry of Finance (1979) [b] P. N. Dhar - Economic adviser in Prime Minister's Secretariat (1970) [c] [9] Samar Ranjan Sen – Former executive director of the World Bank for India, Bangladesh and Sri Lanka. [10] [11] R. M. Honavar – 6th Chief Economic Adviser to Government of India [12]
The committee suggested a six-member MPC - three members from the RBI and three nominated by the government. The government initially proposed a seven-member committee [5] - three from the RBI and four nominated by it. Subsequent negotiations led to the current composition of the committee, with the external members having a four-year term.
Section 22 states that only the RBI has the exclusive rights to issue currency notes in India. Section 24 states that the maximum denomination a note can be is ₹ 10,000 (US$120). Section 26 of Act describes the legal tender character of Indian bank notes. Section 28 allows the RBI to form rules regarding the exchange of damaged and imperfect ...