Important information on RBI

1. Reserve Bank of India started its
operations on-01 Apr 1935
2. Reserve was nationalised in ---1949
3. The maximum number of Deputy
Governors RBI can have--4
4. Number of regional offices of RBI
--28
5. RBI can issue notes upto the value
of ---Rs. 10,000/-
6. As per Indian Coinage Act 1 Re
coins can be used to pay/settle ------
Any amount
7. As per Indian Coinage Act 0.50 ps
coins can be used to pay/settle-----
Amount not exceeding Rs. 10.
8. As per Indian Coinage Act coins
worth less than 0.50 ps can be used
to pay/settle----- Amount not
exceeding Re. 1.(no longer
applicable)
9. The logo of RBI has---A palm tree
and a tiger
10. The H.O. of the RBI is in---
Mumbai
11. The maximum amount for which
customer's deposit is insured in a
bank----Rs. 1,00,000
Institutions established by RBI and
Head Office
1. Deposit Insurance and Credit
Guarantee Corporation--Mumbai
2. National Housing Bank --New Delhi
3. National Bank for Agricultural and
Rural Development--Mumbai
4. Securities Trading Corporation of
India --Mumbai
5. Bharatiya Reserve Bank Note
Mudran Private Limited--Bangalore
5. Industrial and Development Bank
of India - Mumbai