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The Section 7 of the RBI Act empowers the Central Government to consult and give instructions to the Governor of the RBI to act on certain issues, that the government considers serious and in public interest. The Central Government may from time to time give such directions to the Bank as it may, after consultation with the Governor of the Bank, consider necessary in the public interest," says Section 7(1) of the RBI Act, 1934. Further, Section 7 (2) gives the government powers to entrust the running of the RBI to its Central Board of Directors.
Which Olympic athlete featured in the music video of the ICC Men’s T20 World Cup 2024 anthem?
What is the theme of World Press Freedom Day 2024?
Vamasundari Investment (HCL Group) plans to invest approximately how many crore rupees to set up a semiconductor unit near Jewar, Uttar Pradesh?
Which author won the Sahitya Akademi Yuva Puraskar for her memoir "Homeless: Growing up Lesbian and Dyslexic in India"?
What does BRO stand for in the context of Indian infrastructure?
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What is the main application of the optically active biodegradable nanocomposite film developed by researchers at the Institute of Advanced Study in Sci...
The 16th BRICS Summit 2024, held in Kazan, was chaired by which country?
What was the theme of World Pulses Day 2025?
Andhra Pradesh’s Deepam 2.0 scheme includes a provision for gas cylinder cost refunds to beneficiaries within how many hours?
