Banking Classification #1: RBI Structure, Functions, NPA Ordinance, Enforcement Department

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- Banking sector evolution in the pre-independent India, Geographical location factors.
- Impact of Great Depression, Hilton Young commission and the birth of RBI Act 1934 with Sir Osborne Arkhall Smith as its first governor, Sir CD Deshmukh as its first Indian Governor and Dr. Urjit Patel as its latest governor.
- Selection, appointment and tenure of RBI governor and four Deputy Governors, four divisions.
- Reserve Bank of India- its structure, functions, ownership, departments including the latest enforcement department and latest post "Chief Financial Officer (CFO).
- RBI Transfer of Ownership Act 1948
- Banking Regulation Act 1949 and NPA ordinance 2017.
- What is a scheduled Bank?
- Faculty Name: You know who
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- Exam-Utility: UPSC IAS IPS Civil service exam, Prelims, CSAT, Mains, Staff selection SSC-CGL, IBPS-PO/MT, IBPS-CWE, SBI PO & Clerk, RBI and other banking exams; LIC, EPFO, FCI & other PSU exams; CDS, CAPF and other defense services exams; GPSC, MPPCS, RPSC & other State PCS services exams with Indian Economy, Budget, Banking, Public Finance in its syllabus- with descriptive questions and answer writing.