All Entries Tagged With: "BANKING AWARENESS"
Banking and Financial Awareness (RBI)
RBI HISTORY: • INAGURATED IN 1935 WITH A SHARE CAPITAL OF RS. 5 CR. • THE GOVERNMENT OF INDIA HELD SHARES OF NOMINAL VALUE OF RS. 2,22,000. • RBI WAS NATIONALISED IN 1949. CONSTITUTION OF RBI: CENTRAL BOARD OF DIRECTORS OF 20 MEMBERS • GOVERNOR & 4 DY. GOVERNORS. • 1 GOVERNMENT OFFICIAL FROM MINISTRY [...]
Add to orkutImportant Budget Terminologies
Revenue Budget: It consists of the revenue receipts of the government (which is tax revenues plus other revenues) and the expenditure met from these revenues. It has two components: Revenue Receipt and Revenue Expenditure. Capital Budget: It consists of capital receipts and payments. It also incorporates transactions in the Public Account. It has two components: [...]
Add to orkut