CAIIB · BRBL · Chapter 7

Recent Legislative Changes in RBI Act

Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Banking Regulations and Business Laws — CAIIB.

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Q

1?

A

Governor, RBI — Chairperson

Q

2?

A

Deputy Governor, RBI (in-charge of Monetary Policy)

Q

3?

A

One Officer of RBI nominated by Central Board

Q

4?

A

External Member (appointed by Government for 4 years)

Q

5?

A

External Member (appointed by Government for 4 years)

Q

6?

A

External Member (appointed by Government for 4 years)

Q

Aug 1991 — Event / Sec./Act?

A

Event: Narasimham Committee I set up

Q

1991-92 — Event / Sec./Act?

A

Event: LPG / Structural Reforms begin

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