Question
Which of the following section of the RBI Act empowers
the Central Government to consult and give instructions to the Governor of the RBI to act on certain issues?Solution
The Section 7 of the RBI Act empowers the Central Government to consult and give instructions to the Governor of the RBI to act on certain issues, that the government considers serious and in public interest. The Central Government may from time to time give such directions to the Bank as it may, after consultation with the Governor of the Bank, consider necessary in the public interest," says Section 7(1) of the RBI Act, 1934. Further, Section 7 (2) gives the government powers to entrust the running of the RBI to its Central Board of Directors.
Which nutrient stimulates the root growth of a plant?
Which forest act in India focuses on community-based forest management and conservation?
Which of the following is a macronutrient essential for plant growth?
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Nilgiri Khapli and Pusa Kiran are the varieties of
Red delicious is the variety of which fruit?
What is the minimum exposure of any foreign bank in India(> 20 branches) for the microenterprises under Priority Sector Lending ?
Girdling in _________ is done to increase the berry size
