RESERVE BANK OF INDIA

• Reserve Bank is the central bank of India.
• It was established on 1st April 1935 with the intitial amount of 5 carore.
• First note issued by RBI was 5 rupee note.
• In 1935 the headquarter of RBI was Kolkata but after 2 years later in 1937 the headquarter was shifted in Mumbai.
• RBI also acted as the central bank for Pakistan and Myamar.
• RBI was established on the recommandation of HILTON YOUNG COMMISSION in 1926.
• RBI has the power to issue maximum 10,000 rupee bank note it was firstly issued in 1938.
• The financial year of RBI is starts from 1 july to 30 june
• RBI was nationalized from 1january 1949.
• In a bank note there are 17 major languages but in the bank note pannel only 15 language printed.
• The logo of RBI is a tiger and a palm tree.
• Plastic notes of rupees 10are coming in Indiain 2017 in the 5 major cities  Kocchi, Maisure, Jaipur, Shimla and Bhuvneshwar.
• The first polymar note was issued in Austrelian bank in 1988 of 10 $.