The Reserve Bank of India (RBI) Act, 1934, governs the structure and appointments within the central bank. Specifically, Section 4(1)(c) read with relevant government notifications determines the number of Deputy Governors.
According to the current regulations, the central board of the RBI can have a maximum of four (4) full-time Deputy Governors appointed at any given time. These appointments are made by the Central Government.
Therefore, the maximum number of full-time Deputy Governors the Reserve Bank of India's central board can have is 4.
The Central Board of Directors of the Reserve Bank of India are appointed for a term of ______ years.
Which of the following Acts was amended to provide a statutory basis for the implementation of the flexible inflation targeting (FIT) framework?
In which year was The Reserve Bank of India was established?
Which of the following institutions is responsible for regulating the formal sources of credit in India?
Which of the following statements about the Reserve Bank of India (RBI) is NOT correct?