When did the Portuguese come to India?
First contact with the Portuguese with the Indians happened on 20 May 1498, when the explorer Vasco da Gama landed... View Article
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What happened in 1858?
The year 1858 was significant in Indian history. Following the victory of the British forces against the Indian rebels in... View Article
What is Crown rule in India?
The Crown rule in India refers to the direct administration of the British crown that began in 1857 till 1947.... View Article
What was the old name of RBI?
The name has always been Reserve Bank of India. It was established through the Reserve Bank of India (RBI) Act,... View Article
Is the RBI exam tough?
The Reserve Bank of India (RBI) Grade ‘B’ examination is one of the toughest examinations in India. However, with careful... View Article
What type of body is RBI?
Reserve Bank of India is a statutory body. RBI was established through Reserve Bank of India Act, 1935. RBI is... View Article
How many Reserve Bank of India are there in India?
Reserve Bank of India is spread over 31 different locations in India. It is headquartered in Mumbai. Most of the... View Article
Who controls the Reserve Bank of India?
The Government of India controls the Reserve Bank of India (RBI). RBI comes under the Ministry of Finance. RBI was... View Article
What is Reserve Bank India?
The Reserve Bank of India (RBI) is the Central Bank of India which is tasked with the responsibility of regulating... View Article
What is Aadhaar seeding?
The process of linking the 12 digits AADHAAR number of persons with their personal identification documents like MNREGA Job Card,... View Article
What is the full form NEFT?
National Electronic Funds Transfer is the full form of NEFT. It was introduced in 2005. NEFT is used to transfer... View Article
How does NPCI earn money?
National Payments Corporation of India (NPCI) generates around one-third of its revenues from interchange fees, switching fees and other charges.You... View Article
Who is the father of UPI?
Unified Payment Interface (UPI) was developed by the National Payments Corporation of India (NPCI) which was established by the Reserve... View Article
What is the NPCI limit?
As per a new circular released, effective from January 1, 2021, the third party app providers have to make sure... View Article
Who made UPI?
The National Payments corporation of India (NPCI) made Unified Payments Interface (UPI). The payment model which is used to receive... View Article
Which is better, UPI vs BHIM?
Comparison is possible between two similar things. Here, Unified Payment Interface (UPI) and Bharat Interface for Money (BHIM) are two... View Article
Is UPI and BHIM the same?
No, UPI and BHIM are not the same. UPI stands for Unified Payment Interface. BHIM stands for Bharat Interface for... View Article
Is NPCI owned by the RBI?
NPCI is owned by a consortium of major banks in India. NPCI was established by the RBI and Indian Banks... View Article
What are the instruments of credit control?
The different instruments of credit control used by the Reserve Bank of India are Statutory Liquidity Ratio (SLR), Cash Reserve... View Article
How many RBI branches are in India?
Reserve Bank of India (RBI) has its offices spread over 31 different locations in India. The headquarters of RBI is... View Article
