In which state RBI does not transact the business?

In which state RBI does not transact the business?

State Government transactions are carried out by RBI in terms of the agreement entered into with the State Governments in terms of section 21A of the Act. As of now, such agreements exist between RBI and all the State Governments except with the Governments of Sikkim. (Before abrogation of Article 370, Jammu and Kashmir was also on this list)

Related Posts:

Important information on RBI

Recent Articles

Open Skies Treaty and US exit – All you need to know

What is Open Skies Treaty?Open Skies Treaty is an accord among 34 member nations, it allows participants to...

The Rig Veda Age : Religion and Philosophy

The socio-economic life, that project simplicity, of Vedic Aryans was quite opposite to the religious aspect, that was highly ritualized, of their...

Neighbouring Countries of India

AfghanistanAfghanistan is a landlocked country that is located approximately in the centre of Asia. It is bordered by...

Inventions That Changed the World

“Nothing is permanent except a change.” You might have come across this quotation more than once in your lifetime. Here is the list of...

Industries Contributing to Indian Economy

The Indian Economy is the 9th largest economy of the world and also one of the fastest growing world economies. The most top industries...

Related Stories

1 Comment

Comments are closed.

Stay on top - Get the daily news in your inbox