Question
Till 1993, which department in the Reserve Bank of India
(RBI) was responsible for both regulatory and supervisory functions over commercial banks?Solution
Till 1993, regulatory as well as supervisory functions over commercial banks were performed by the Department of Banking Operations and Development (DBOD). Subsequently, a new Department of Banking Supervision (DBS) was set up to take over the supervisory functions relating to the commercial banks from DBOD. For dedicated and integrated supervision over all credit institutions, i.e., banks, development financial institutions and non-banking financial companies, the Board for Financial Supervision (BFS) was set up in November 1994 under the aegis of the Reserve Bank of India.
Which para-athlete (shot put) was awarded the Rajiv Gandhi Khel Ratna Award in 2019?
What is the primary objective of deworming livestock?
Which will be the first Indian state to have three capitals?
Match the following names of primitive forms of cultivation in different states correctly.
Which of the following is not an assumption of the Monetary Policy Committee of April 2022?
Which Indian cricketlegend was recently awarded honorary membership ofthe prestigious Melbourne Cricket Club (MCC) during the India-Australia Boxing Day...
What is ‘Jallikattu’?
In which state of India, the one horn rhinos are mostly found?
Fish can survive inside a frozen lake because
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