Important Bulletins of RBI

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The Reserve Bank of India (RBI) is India's central banking institution, which controls the monetary policy of the Indian rupee. It commenced its operations on 1 April 1935 during the British Rule in accordance with the provisions of the Reserve Bank of India Act, 1934. The original share capital was divided into shares of 100 each fully paid, which were initially owned entirely by private shareholders. Following India's independence on 15 August 1947, the RBI was nationalised on 1 January 1949.


First Bi-Monthly Monetary Policy
The RBI plays an important part in the Development Strategy of the Government of India. It is a member bank of the Asian Clearing Union. The general superintendence and direction of the RBI is entrusted with the 21-member Central Board of Directors: the Governor, 4 Deputy Governors, 2 Finance Ministry representatives, 10 government-nominated directors to represent important elements of India's economy, and 4 directors to represent local boards headquartered at Mumbai, Kolkata, Chennai and New Delhi. Each of these local boards consists of 5 members who represent regional interests, the interests of co-operative and indigenous banks.
Second Bi Monthly Monetary Policy
A Central Bank is an independent apex monetary authority which regulates banks and provides important financial services like storing of foreign exchange reserves, control of inflation, monetary policy report. A Central Bank is known by different names in different countries. The functions of a Central Bank vary from country to country and are autonomous or quasi-autonomous body and perform or through another agency vital monetary functions in the country. A central bank is a vital financial apex institution of an economy and the key objects of central banks may differ from country to country still they perform activities and functions with the goal of maintaining economic stability and growth of an economy.
The bank is also active in promoting financial inclusion policy and is a leading member of the Alliance for Financial Inclusion (AFI).
The bank is often referred to by the name Mint Street.

Recent Bulletins by Reserve Bank of India:

General awareness section is very important section consists 80 questions of 1 marks. It plays very important role in the combined score. With little more effort, one can get good marks in it, which will boost your chances of crossing the cut off.
One year of current affairs is good enough to get more than 60 marks.
  • On RBI site, you will get many reports from various committee, Committees formed, their head and its report, monetary policy, Finance terminology, budgets, government schemes, Banking developments, Investment and disinvestments, etc.
  • Manorama Yearbook for current affairs.
  • Pratiyogita Darpan, Success Mirror or any like these of every month.
  • THE HINDU and ECONOMICS TIMES newspaper would help you.
  • You can get monthly CA pdf on many sites, learn them all including hindu review monthly.
  • Bankersadda capsules has also good contents, learn and get the idea of content and try to go in details of it.
Some useful sites are Bankersadda, Edutap, Eduvies, TestBook & PracticeMCQ  etc are the best.
While I am preparing for JAIIB  CAIIB exams I used to get notes from banking sites like: IIBF Press Release and JAIIB & CAIIB are very useful.

Economist: Topics related to IMF, Banking in India, Economics, WB, ADB, Basel Norms & GK Capsule - minimum of 5 to 6 sites likes Gradeup,TestBook,Eduvies - Vibrary,Pratiyogita Darpan.

Make a note on and practice at your satisfaction on NEW PATTERN - Quantitative Aptitudes and Reasoning Questions.



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