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Facts of RBI

  • Also called "Central Bank of India"
  • Established on April 1st, 1935.
  • RBI Act introduced in 1934.
  • Controls all Economic Activities in India.
  • J.M. Keens plans for establishment of RBI.
  • Hilton Young Committee report is the base for establishment of RBI
  • Head Quarter - Mumbai
  • Initially started with 5 Crores
  • Nationalised on Jan 1st, 1949
  • First Governor - Sir O.S Borne Archel Smith
  • First Indian Governor - C.D. Deshmukh
  • First Women Deputy Governor - K.J. Udeshi
  • RBI prints currency in 15 Languages
  • Governor Tenure - 3 years
  • It is not controlling Jammu & Kashmir state monitory system
  • RBI Emblem - Pipal tree and Tiger
  • Parliamentary Bhavan prints currency in Rs.50/- and 50 paise.
  • Regional Offices - 19



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