Banking Sector in India: Reserve Bank of India

Reserve Bank of India (RBI) It is the apex body in the Indian financial system. It acts as a regulatory body, responsible for the regulation of the Indian banking system as well as the control, issuing, and maintaining money supply … Continue reading →

Posted in Economy, General Studies 3 |

Banking Sector in India

Banking System in India Banking System in India refers to a network of financial institutions, such as banks and credit unions, that handle financial transactions and provide financial services to individuals, businesses, and governments.  These institutions, primarily, act as intermediaries … Continue reading →

Posted in Economy, General Studies 3 |

Constitutional Bodies: Finance Commission

Constitutional Provision: Article 280 under Part XII Nature: It is Quasi Judicial Body Constituted by: President of India Composition: Chairman +4 members Authority to Decide Qualification: Parliament Tenure: Specified by the President Reappointment: Eligible Power of Civil Court: As per … Continue reading →

Posted in General Studies 2, Polity |