What animal is RBI emblem?

For this purpose, various seals, medals and coins were examined. The East India Company Double Mohur, with the sketch of the Lion and Palm Tree, was found most suitable; however, it was decided to replace the lion by the tiger, the latter being regarded as the more characteristic animal of India!

Who is the designer of RBI logo?

Udaya Kumar Dharmalingam
Udaya Kumar Dharmalingam is an Indian academic and designer noted for his design of the Indian rupee sign. His design was selected from among five short listed symbols. According to Kumar, the design is based on the Indian tricolour.

What is the slogan of Reserve Bank of India?

The slogan used by RBI is ‘Developing Banking’.

What was the purpose behind Nationalisation of banks?

Indira Gandhi highlighted the purpose of nationalisation – removing control of the few; providing adequate credit for agriculture, small industry and exports; giving a professional bent to bank management; encouraging a new class of entrepreneurs – during her speech.

Who is the CEO of the RBI?

The Reserve Bank of India has appointed Shri Ajay Kumar as Executive Director (ED) with effect from August 20, 2021. Prior to being promoted as ED, Shri Ajay Kumar was heading the New Delhi Regional Office of the Bank as Regional Director.

What do our national symbols represent?

The national animal, tiger symbolises power; the national flower, lotus symbolises purity; the national tree, banyan symbolises immortality, the national bird, the peacock symbolises elegance and the national fruit, mango symbolises the tropical climate of India.

What were the two main objectives behind nationalization of banks in India?

Objectives of nationalisation of banks: 1. To generate public confidence in banking system of the country. 2. To prevent concentration of economic power in few hands.

Which is the head of all the banks in India?

Banks with Headquarters, Chairman and Tag Lines