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Start learning 50% faster. Sign in nowThe Reserve Bank of India (RBI) is not a constitutional body; it was established under the Reserve Bank of India Act, 1934. Other bodies like the Election Commission and Comptroller and Auditor-General are explicitly mentioned in the Constitution of India. Key Points: 1. Constitutional bodies are mentioned in the Constitution (e.g., Election Commission). 2. RBI operates as a statutory body for monetary policy. 3. The National Commission for Backward Classes became a constitutional body in 2018 (102nd Amendment). 4. CAG audits government expenditure under Article 148. 5. Constitutional bodies derive their powers directly from the Constitution. Bee Facts: • Election Commission (a): Constitutional body under Article 324. • National Commission for Backward Classes (b): Article 338B since 2018. • CAG (c): Constitutional body, guardian of public finance. • RBI (d): Statutory body, regulator of monetary policy.
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