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AN essay is 1 of the nearly important section of RBI Grade B English paperand you are required to write a 200 words essay (as per latest format) during RBI Class B English examination. Analysis of late year RBI Form B Essay Fashionable RBI Grade B 2018, following topics were asked stylish essay:
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Rbi has 20 regional offices, most of them in state capitals and 11 sub-offices.
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The rbi is india's central banking establishment.
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Advancement of regional agrarian banks in india: in the average time, the location rural banks rich person extended their electronic network throughout the area to a appreciable extent.
Cooperative banks testament be audited accordant to rbi's norms.
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The first indian closely-held bank was the 'allahabad bank'.
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Which is the previous year essay of RBI grade B exam?
The following are the essays previously asked in the concerned examination. It is highly recommended to prepare on the Descriptive Paper English under an excellent guidance for evaluation of your performance on all fronts. Bankwhizz provides you with Descriptive English Mocks with study notes including the following essays still relevant.
What is the role of RBI in India?
Commercial banks are expected to keep deposits with the RBI and when necessary they borrow from the RBI (the RBI functions as a lender of last resort to the commercial banks). The RBI also ensures price stability within India by controlling the volume of credit created by the commercial banks.
How does RBI control the volume of credit?
The RBI controls the volume of credit by influencing the cost of credit through the bank rate by raising the bank rate when they want to reduce credit and bringing down the bank rate when they want to increase credit.
What is the role of Reserve Bank of India?
Reserve bank of India (RBI) is nation’s central bank. RBI began operation since 1935, and stood at the centre of India’s financial system, with a fundamental commitment to maintaining the nation’s monetary and financial stability.
Last Update: Oct 2021
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