Rbi Recruitment For The Post Of Officer Grade B In Across India

Reserve Bank of India (RBI) Recruitment: Apply for 199 Grade B Posts Interested candidates who completed all Eligibility Can Read the Full Advertisement Details and Apply Online 

Minimum 60% Marks in Bachelor Degree, Class 12 and Class 10 Exam.

Rbi is looking for 10th , 12th , Any Graduate profile candidates.

Candidate Apply Before 11th Oct 2019

The Reserve Bank of India (RBI) is Indias central banking institution, which controls the issuance and supply of the Indian rupee. Until the Monetary Policy Committee was established in 2016,[6] it also controlled monetary policy in India. It commenced its operations on 1 April 1935 in accordance with the Reserve Bank of India Act, 1934. The original share capital was divided into shares of 100 each fully paid, which were initially owned entirely by private shareholders. Following Indias independence on 15 August 1947, the RBI was nationalised on 1 January 1949.

The RBI plays an important part in the Development Strategy of the Government of India. It is a member bank of the Asian Clearing Union. The general superintendence and direction of the RBI is entrusted with the 21-member central board of directors: the governor four deputy governors two finance ministry representatives (usually the Economic Affairs Secretary and the Financial Services Secretary) ten government-nominated directors to represent important elements of Indias economy and four directors to represent local boards headquartered at Mumbai, Kolkata, Chennai and the capital New Delhi. Each of these local boards consists of five members who represent regional interests, the interests of co-operative and indigenous banks.

The central bank was an independent apex monetary authority which regulates banks and provides important financial services like storing of foreign exchange reserves, control of inflation, monetary policy report till August 2016. A central bank is known by different names in different countries. The functions of a central bank may vary from country to country and are autonomous or body and perform or through another agency vital monetary functions in the country. A central bank is a vital financial apex institution of an economy and the key objects of central banks may differ from country to country still they perform activities and functions with the goal of maintaining economic stability and growth of an economy.