When was the Reserve Bank of India taken over by the Government? [PCS 1994]

Related MCQs

• Consider the following statements: [IAS 2004] 1. The National Housing Bank, the apex institution in housing finance in India, was set up as a wholly owned subsidiary of the Reserve Bank of India 2. The Small Industries Development Bank of India was established as a wholly owned subsidiary of the Industrial Development Bank of India Which of the statements given above is/are correct?
• In order to be scheduled to the Reserve Bank of India, a bank should have capital and reserve of not less than:
• Of the various ways of financing government's investment expenditure, the least inflationary is : [PCS 1994]
• Which industry in India was worst affected because of the partition? [PCS 1994]
• When the Reserve Bank of India announces an increase of the Cash Reserve 'Ratio, what does it mean? [IAS 2010]
• The Planning Commission is : [UP PCS 1994]
• The deputy chairman of the Planning Commission: [UP PCS 1994]
• The number of Banks nationalised since 1969 is : [PCS 1994]
• Consider the following statements: [IAS 2004] 1. Reserve Bank of India was nationalized on 26 January, 1950 2. The borrowing programme of the Government of India is handled by the Department of Expenditure, Ministry of Finance Which of the statements given above is/are correct?
• The functions of the Reserve Bank of India are: 1. issuing all notes and coins 2. distributing all notes and coins 3. formulating monetary policy 4. acting as agent of Government in respect of India's membership of the IMF