| RBI and Currency related information | |
|---|---|
| The Reserve Bank of India was set up on the basis of the recommendations of the | Hilton Young Commission |
| Reserve Bank of India started its operations on | 01 Apr 1935 |
| Reserve Bank was nationalised in | 1949 |
| The first Governor of Reserve Bank of India was | Sir Osborne Smith |
| The first Indian Governor of Reserve Bank of India was | Shri CD Deshmukh |
| The term of office of Governor of Reserve Bank of India is | 5 years |
| The two Governors who have later held the post of the finance minister of India are | Shri CD Deshmukh & Dr. Manmohan Singh |
| The maximum number of Deputy Governors RBI can have | 4 |
| Number of regional offices of RBI | 28 |
| RBI can issue notes upto the value of | Rs. 10,000/- |
| The logo of RBI has | A palm tree and a tiger |
| The H.O. of the RBI is in | Mumbai |
| The maximum amount for which customer's deposit is insured in a bank (by the Deposit Insurance and Credit Guarantee Corporation, a wholly owned subsidiary of RBI) | Rs. 1,00,000 |
| 1. Srinagar | 2. Jammu | 3. Shimla | 4. Chandigarh |
| 5. Dehradun | 6. New Delhi | 7. Jaipur | 8. Lucknow |
| 9. Kanpur | 10. Patna | 11. Gangtok | 12. Guwahati |
| 13. Agartala | 14. Ranchi | 15. Kolkata | 16. Bhubaneswar |
| 17. Raipur | 18. Bhopal | 19. Nagpur | 20. Hyderabad |
| 21. Chennai | 22. Kochi | 23. Bangalore | 24. Panaji |
| 25. Belapur | 26. Mumbai | 27. Ahmedabad | 28. Thiruvananthapuram |
| Primary Functions of the Reserve Bank of India |
|---|
| 1. Monetary Authority of India |
| 2. Issuer of Currency |
| 3. Banker and Debt Manager to the Government |
| 4. Banker to the banks |
| 5. Regulator of the Banking System |
| 6. Manager of Foreign Exchange |
| 7. Regulator and Supervisor of the payment and settlement system |
| 8. Developmental role |
| Institution | Head Office |
|---|---|
| Deposit Insurance and Credit Guarantee Corporation | Mumbai |
| National Housing Bank | New Delhi |
| National Bank for Agricultural and Rural Development | Mumbai |
| Industrial and Development Bank of India | |
| Securities Trading Corporation of India | Mumbai |
| Discount and Finance House of India | |
| Bharatiya Reserve Bank Note Mudran Private Limited | Bangalore |