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更新日期：2019-03-23
檔案大小：3.1M
目前版本：1.0
版本需求：Android 4.0.3 以上版本
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Info on Reserve Bank of India Act 1934
This application contains all information related to the Reserve Bank of India Act 1934. Reserve Bank of India Act, 1934 is the legislative act under which the Reserve Bank of India was formed. This act along with the Companies Act, which was amended in 1936, were meant to provide a framework for supervision of banking firms in India. This Act contains the definition of the so called scheduled banks, as they are mentioned in the 2nd schedule of the Act. These are banks which were to have paid up capital and reserves above 5 lakh.
When you go through the contents of this application, you will become more knowledgeable about Reserve Bank of India Act 1934. The Section 17 of the Act defines manner in which the RBI can conduct business. The RBI can accept deposits from the central and state governments without interests. It can purchase and discount bills of exchange from commercial banks. It can purchase foreign exchange from banks and sell it to them. It can provide loans to banks and state financial corporations.
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