Reserve Bank of India Reserve Bank of India The Reserve Bank of India (RBI) is India's central banking institution, which controls the issuance and supply of the Indian rupee. Until the Monetary Policy Committee was established in 2016, it also controlled monetary policy in India. It commenced its operations on 1 April 1935 in accordance with 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. The RBI plays an important
Institution Of Mechanical Engineers (India) Institution Of Mechanical Engineers (India) The Institution of Mechanical Engineers (India) is the Professional Body for Mechanical Engineers in India. Institution's Foundation Stone was Laid in the Year 1914. The Headquarters of the Institution is Located at HASMUKH Bhavan,Behind CIDCO Office,Near Hiranandani Park,Kharghar, Navi Mumbai - 410 210. Institution Conducts Bi Annual Examinations in Month of June(Summer) and December (Winter) Popularly Known as Chartered Engineers Examination (Degree Level Section A & B) & Technician Engineers Examination (Diploma Level) In Mechanical Engineering which are Recognized by Government of India,Ministry of Human Resource Development,Department of Higher Education. Late Sir C.V. Raman opined