Knowledgist 4 Banking π― pinned Β«15 JULY CLASS TIMING- 8:45-9:30 Topic: PRIORITY SECTOR LENDINGΒ»
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#BOM #INTERVIEW
LATEST (June 2021)
#Part1
https://youtu.be/3AI2D3tanvg
Very Soon
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Knowledgist 4 Banking π― pinned Β«#PRIORITY #Sector #LENDING #RRBGBO #BOM #INTERVIEW LATEST (June 2021) #Part1 https://youtu.be/3AI2D3tanvg Very Soon #PART2Β»
THE HINDU EDITORIAL 17.07.2021.pdf
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THE HINDU EDITORIAL 17.07.2021
Knowledgist 4 Banking π― pinned Β«Tomorrow #BANKING #AWARENESS SESSION TIMING 11 Am Please be there Regards Team KnowledgistsΒ»
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SUMMITS AND VENUE
1. G-20 SUMMIT:
π 15th Edition (2020) :
Riyadh, South Africa
π 16th Edition (2021) :
Italy
π 17th Edition (2022) :
Indonesia
π 18th Edition (2023) :
India
π 19th Edition (2024) :
Brazil
2. BRICS SUMMIT:
π 12th Edition (2020) :
Russia
π 13th Edition (2021) :
India
3. G-7 SUMMIT :
π 46th Edition (2020) :
United States
π 47th Edition (2021) :
United Kingdom
π 48th Edition (2022) :
Germany
π 49th Edition (2023) :
Japan
π 50th Edition (2024) :
Italy
4. ASEAN SUMMIT :
π 36th Edition (June 2020) :
Vietnam
π 37th Edition (Nov 2020):
Vietnam
π 38th Edition(April/May 2021):
Brunei
π 39th Edition (Oct/Nov 2021):
Brunei
1. G-20 SUMMIT:
π 15th Edition (2020) :
Riyadh, South Africa
π 16th Edition (2021) :
Italy
π 17th Edition (2022) :
Indonesia
π 18th Edition (2023) :
India
π 19th Edition (2024) :
Brazil
2. BRICS SUMMIT:
π 12th Edition (2020) :
Russia
π 13th Edition (2021) :
India
3. G-7 SUMMIT :
π 46th Edition (2020) :
United States
π 47th Edition (2021) :
United Kingdom
π 48th Edition (2022) :
Germany
π 49th Edition (2023) :
Japan
π 50th Edition (2024) :
Italy
4. ASEAN SUMMIT :
π 36th Edition (June 2020) :
Vietnam
π 37th Edition (Nov 2020):
Vietnam
π 38th Edition(April/May 2021):
Brunei
π 39th Edition (Oct/Nov 2021):
Brunei
βοΈ Important Sections of RBI Act 1934 βοΈ
There are total 61 Sections in the RBI Act 1934.
ππ»Important Sections in the RBI Act 1934
Section 3: Establishment and incorporation of Reserve Bank.
Section 4: Capital of the Bank. The capital of the Bank shall be five crores of rupees.
Section 6: Establishment of Offices, branches and agencies
Section 8: The composition of central board of Reserve Bank of India
Section 17: The business that RBI can carry out
Section 20: Obligation of the Bank to transact Government business.
Section 21: Bank to have the right to transact Government business in India.
Section 21A: Bank to transact Government business of States on agreement.
Section 22: Right to issue bank notes.
Section 24: Denominations of notes. (1) Subject to the provisions of sub-section (2), bank notes shall be of the denominational values of two rupees, five rupees, ten rupees, twenty rupees, fifty rupees, one hundred rupees, five hundred rupees, one thousand rupees, five thousand rupees and ten thousand rupees or of such other denominational values, not exceeding ten thousand rupees.
Section 27: Re-issue of notes. The Bank shall not re-issue bank notes which are torn, defaced or excessively soiled.
Section 26 (1): Defines legal tender of notes
Section 26(2): Withdrawal of legal tender of notes
Section 42: Cash reserves of scheduled banks to be kept with the Bank.
Section 45(U): Defines repo, reverse repo, derivative, money market instruments and securities.
The first schedule of the RBI Act 1934 defines the 4 areas under which the Indian states should come. The 4 areas are Western Area, Eastern Area, Northern Area, Southern Area
The second schedule of the Act lists all the SCHEDULED BANKS in India.
There are total 61 Sections in the RBI Act 1934.
ππ»Important Sections in the RBI Act 1934
Section 3: Establishment and incorporation of Reserve Bank.
Section 4: Capital of the Bank. The capital of the Bank shall be five crores of rupees.
Section 6: Establishment of Offices, branches and agencies
Section 8: The composition of central board of Reserve Bank of India
Section 17: The business that RBI can carry out
Section 20: Obligation of the Bank to transact Government business.
Section 21: Bank to have the right to transact Government business in India.
Section 21A: Bank to transact Government business of States on agreement.
Section 22: Right to issue bank notes.
Section 24: Denominations of notes. (1) Subject to the provisions of sub-section (2), bank notes shall be of the denominational values of two rupees, five rupees, ten rupees, twenty rupees, fifty rupees, one hundred rupees, five hundred rupees, one thousand rupees, five thousand rupees and ten thousand rupees or of such other denominational values, not exceeding ten thousand rupees.
Section 27: Re-issue of notes. The Bank shall not re-issue bank notes which are torn, defaced or excessively soiled.
Section 26 (1): Defines legal tender of notes
Section 26(2): Withdrawal of legal tender of notes
Section 42: Cash reserves of scheduled banks to be kept with the Bank.
Section 45(U): Defines repo, reverse repo, derivative, money market instruments and securities.
The first schedule of the RBI Act 1934 defines the 4 areas under which the Indian states should come. The 4 areas are Western Area, Eastern Area, Northern Area, Southern Area
The second schedule of the Act lists all the SCHEDULED BANKS in India.