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The Officers Training Academy (OTA) is a training establishment of the Indian Army that trains officers for the Short Service Commission (SSC). The 49-week course at the OTA prepares graduates for all branches of the Army, except for the Army Medical Corps. [1]
Reserve Bank of India, abbreviated as RBI, is the central bank of India, and regulatory body responsible for regulation of the Indian banking system and Indian currency. Owned by the Ministry of Finance , Government of India , it is responsible for the control, issue, and maintenance of the supply of the Indian rupee.
The committee comprises six members – three officials of the Reserve Bank of India and three external members nominated by the government of India. They need to observe a "silent period" seven days before and after the rate decision for "utmost confidentiality". The governor of the Reserve Bank of India is the chairperson ex officio of the ...
The Officers Training School (OTS) was a training institute for officers of Pakistan Armed Forces, specifically for the army and the navy. [1] It was initially established in Kohat, Khyber Pakhtunkhwa, along with Pakistan Military Academy in 1948 to counter deficiency of Military Officers in the infant country. The training duration at the OTS ...
Sir C. D. Deshmukh was the first Indian to serve as the governor. Sir Benegal Rama Rau was the longest serving governor. I. G. Patel, the fourteenth governor Manmohan Singh, the fifteenth governor, later served as the thirteenth prime minister of India Raghuram Rajan, the twenty-third governor Shaktikanta Das, the twenty-fifth governor Sanjay Malhotra, the twenty-sixth and the incumbent governor
Section 7 states that the central government can legislate the functioning of the RBI through the RBI board, and the RBI is not an autonomous body. Section 17 of the Act defines the manner in which the RBI can conduct business as the central bank of India. The RBI can accept deposits from the central and state governments without interest.
The most common file extensions used for OpenDocument documents are .odt for text documents, .ods for spreadsheets, .odp for presentation programs, and .odg for graphics. . These are easily remembered by considering ".od" as being short for "OpenDocument", and then noting that the last letter indicates its more specific type (such as t for
Payment and settlement systems are used for financial transactions in India. Covered by the Payment and Settlement Systems Act of 2007 (PSS Act), legislated in December 2007, they are regulated by the Reserve Bank of India (RBI) and the Board for Regulation and Supervision of Payment and Settlement Systems.
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