1. India Security Press (Nasik Road)-Postal Material, Postal Stamps, Non-postal Stamps, Judicial and Non-judicial Stamps, Cheques, Bonds, NSC, Kisan Vikas Patm, Securities of State Governments, Public Sector Enterprise and Financial Corporations. 2. Security Printing Press (Hyderabad)- Established in 1982 for meeting the demand for postal material by Southern Stares. It also fulfils the demandfor...

- Until now the worn and torn currency notes which could no more be circulated used to be burnt by Reserve Bank of India. - As a result of this, the smoke polluted the environment. - In order to get rid of this smoke problem, the Reserve Bank introduced a new policy. - Under it a machine costing Rs. 9 crore was imported which could cut the currency notes and make their spring roles and further...

- It is the Central Bank of thy country. - The Reserve Bank of India was established in 1935 with a capital of Rs. 5 crore. This capital of Rs. 5 crore was divided into 5 1akh equity shares of Rs. 100 each. - In the beginning the ownership of almost' all the share capital was with the non-government shareholders. - In order to prevent the centralisation of the equity shares in the hands of a...

- In order to make the Reserve Bank of India more powerful, the Indian Government nationalised it on January 1, 1949. - With a view to have the co-ordinated regulation of Indian banking, the Indian Banking Act was passed in March 1949. - According to this Act, the Reserve Bank of India was granted extended powers for the inspection of non-scheduled banks. - For the development of the banking fa...

- The Janashree Bima Yojana (JBY) has now been merged with the AABY to provide better administration of life insurance cover to the economically backward sections of society. - The scheme extends life and disability cover to persons between the ages of 18 and 59 years living below and marginally above the poverty line under 47 identified vocational/occupational groups, including 'rural landless...