The Reserve Bank of India (RBI) is not a constitutional body; it was established under the Reserve Bank of India Act, 1934. Other bodies like the Election Commission and Comptroller and Auditor-General are explicitly mentioned in the Constitution of India. Key Points: 1. Constitutional bodies are mentioned in the Constitution (e.g., Election Commission). 2. RBI operates as a statutory body for monetary policy. 3. The National Commission for Backward Classes became a constitutional body in 2018 (102nd Amendment). 4. CAG audits government expenditure under Article 148. 5. Constitutional bodies derive their powers directly from the Constitution. Bee Facts: • Election Commission (a): Constitutional body under Article 324. • National Commission for Backward Classes (b): Article 338B since 2018. • CAG (c): Constitutional body, guardian of public finance. • RBI (d): Statutory body, regulator of monetary policy.
As per the recently (Sep 2022) changed rules by SEBI any shareholder can use the OFS route as long as they are selling shares worth over __________.
Banks are required to use External Benchmark lending rate for which of the following types of the loans:
In a securitization, the issuer of asset-backed securities is best describes as the:
In which financial year did the mandatory implementation of BRSR for prescribed companies begin?
Which of the following features is common to both PMKVY and RAMP Scheme?
Central Registry of Securitization Asset Reconstruction and Security Interest(CERSAI) is under which provision?
How many financial centers were researched for the GFCI 35, of which 121 are in the main index?
What is the form in which bullion is traded on the India International Bullion Exchange (IIBX)?
Which of the following is nonverbal communication?
What is the correct sequence of the following functions of a manager in an organization?
1. Motivation
2. Controlling
3. Organ...
