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RBI does not have any chairman or Director. They only have a Governor. The present Governor of Reserve bank of India is Duvvuri Subbarao. Some of the previous governors of RBI in reverse order are:
- Y Venugopal
- Bimal Jalan
- C Rangarajan
- S Venkitramanan
- R N Malhotra
- A Ghosh
- Manmohan Singh
- I G Patel
- M Narasimham
- K R Puri
- N C Sen Gupta
- S Jagannathan
- B N Adarkar
- L K Jha
- P C Bhattacharya
- H V R Iyengar
- K G Ambegaonkar
- Sir Benegal Rama Rau
- Sir C D Deskmukh
- Sir James Taylor
- Sir Osborne Smith (The first governor)
Banks are financial institutions that can make or break an economy. Unsupervised and uncontrolled behavior from banks can spell doom to the economy and for the customers as well. Hence central banks like the Reserve Bank in India or the Federal Reserve in USA monitor the functioning of all banks in their jurisdiction and ensure that they function in a just fashion and customers stand to benefit at all times.
Each country has a central bank that supervises the banks that operate in that country.
You can use the below formula:
P - The amount of money you deposited
N - No. of years deposited
R - Rate of Interest Offered by the bank.
Interest = P * N * R / 100
You can substitute values for p, n and r to calculate the interest you will earn on a fixed deposit.
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What is the meaning of asymptote?
An asymptote is the tendency of a function to approach infinity as one of its variable takes certain values. For example, the function y = ex has a horizontal asymptote at y = 0 because when x takes extremely big, negative values, y approaches a fixed value : 0. Asymptotes are related to limits.
Choose the ordered pair that is a solution to the system of equations -x plus y equals 12?
-x+y=12is the equation of a line and since there are infinitely many points on the line and each point is represented by an ordered pair, we have infinitely many solutions.If we take x as 0, then y must be 12so (0,12) is one ordered pair that is a solution to the equation.Zero is often a nice number to pick since it makes the calculation a bit easier.
What does y x y eqeal?
Y squared (Y^2)
What does y3 mean?
y cubed or y*y*y
If xy plus y equals z then x equals?
xy + y = z xy = z - y (xy)/y = (z - y)/y x = (z - y)/y
How simple interest is calculated for deposits?
The simple interest, I, on a deposit of C, at an interest rate of r% per year, deposited for y years, is calculated as I = C*(r/100)*y
What if Byron purchased a 5000 certificate of deposit (CD) at his local bank. The CD will pay him 7 simple interest. How much interest In dollars Will Byron have earned from his Cd at the end of a 2 y?
$724.50
When y equals 0?
In math, y is a commonly used variable, and depending on the calculation, y has a different meaning.
What is are IF statements?
IF statements provide a way to branch from one part of the program to another, when a certain condition is met. For example, IF (X>Y) THEN A=X-Y ELSE A=Y-X gives the same result as A=|X-Y| (absolute value). The program performs the X-Y calculation if X is larger than Y, and it branches to the Y-X calculation if Y is larger than X (or if they are equal).
What is the equation to find compound interest?
If the rate of annual interest is r% the period is n years and the amount invested is y Then the compound interest is y*(1+r/100)^n - y
The transformation f x y y -x is what degree rotation?
You will need a good math app and scientific calculation.
How does y vary jointly with x and z?
y varies jointly with x and z if: when x is held fixed, y varies with z and when z is held fixed, y varies with x. Bothe x and z may vary together.
What is the simple interest expressions?
The amount of interest earned on an investment of C, for y years at r per cent is C*y*r/100.
How do you get from compound interest after two years back to the original amount?
Suppose thye original amount is y and the rate of interest is r%. Then the total value after two years is y*(1+r/100)2 = y*(1 + r/50 + r2/10000) So the compound interest, alone, after 2 years is y*(r/50 + r2/10000) So y = compound interest/(r/50 + r2/10000)
What is the correct formula for compound interest?
Suppose the amount invested (or borrowed) is K, Suppose the rate of interest is R% annually, Suppose the amount accrues interest for Y years. Then the interest I is 100*K[(1 + R/100)^Y - 1]
How do banks calculate simple interest?
The simple interest, on an amount Y, at rate r% per year, for t years is I = Y*(r/100)*t But bank interest is always compounded, never simple.
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