Reserve Bank of India
Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Central Banking (Elective) — CAIIB.
One-liners from this chapter
Free sample — 8 of 52 rapid-fire Q&A cards.
(a) Governor + not more than four Deputy Governors?
appointed by the Central Government.
(b) Four Non-Official Directors?
nominated one each from the four Local Boards (regional representation).
(c) Ten Non-Official Directors?
nominated by the Central Government (sectoral expertise).
(d) Two Government Officials?
nominated by the Central Government (raised from one to two by Act 12 of 2012 w.e.f. 1 February 2012).
Currently in issue?
₹10, ₹20, ₹50, ₹100, ₹200, ₹500 (all Mahatma Gandhi New Series)
₹1 note?
Issued by Government of India (not RBI) — re-introduced 2015; currently in circulation
₹2 and ₹5 notes?
Issued historically; replaced largely by coins (printing discontinued)
₹2,000 note?
Introduced 8 Nov 2016; withdrawn from circulation 19 May 2023 (remains legal tender; deposit/exchange window closed 7 Oct 2023; deposit possible at RBI Issue Offices). As of Mar 2025, ~98% returned.
PDF study notes
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