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 of the following policy measures is a step towards liberalisation?
Consider the following about the E-Shram Portal:
A. Any worker who is unorganized and aged between 18 -65, is eligible to register on ...
Which king of Magadha was called ‘the destroyer of all Kshatriyas’?
Dugong is the key fauna of which Biosphere Reserve?
In India, which of the following statements is true about the National Investment Fund?
Statements:
I. It was created in 2005.
...
- Which one of the following player represented India in World athletes championship?
Which of the following Articles of the Indian Constitution mentions that all executive actions of the Government of India shall be expressed to be taken...
How many Indian Private Sector Insurance companies are dealing with reinsurance in India?
Which of the following statement is true in regard of Flight Lieutenant Bhawana Kanth?
1. Bhawana Kanth is the first woman fighter pilot to take ...
Which agricultural science deals with methods to provide a favourable environment to crops for higher productivity?
