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Click To Know About Reserve Bank of India

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  Reserve Bank of India •The Reserve    Bank    of     India     was     established in 1935 under the provisions of the Reserve Bank of India Act, 1934. It was located earlier in Calcutta but later moved to Bombay. •Though    originally     privately     owned,     RBI     was nationalized in 1949 Organization and Management: •The Reserve Bank is headed by a Central Board of Directors. •The board is appointed by the Government of India for a period of four years, under the Reserve Bank of India Act. •The board comprises of a Governor and not more than four Deputy Governors. •The current Governor of RBI is Mr. Shaktikanta Das. •Ten directors amongst whom two are government officials and others are distinguished personalities in their respective fields are nominated by Government. •There are four more directors who are from four local boards respectively. Roles and Functions of RBI Monetary Authority: •It formulates, implements and monitors the monetary policy. •It is entrusted with mai

Information Systems and E-Business Unit i eNotes

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  Information Systems and E-Business BCOM SEM III eNotes Lucknow University Semester Exam 2022 Unit I: Introduction to Computer systems, elements of a Computer System, types of Computers and their features, input, output and storage devices, types of software, networking and Internet, types of networks and networking devices, methods of Internet access, services available through Internet, business applications and benefits of computerization and Internet   What is a Computer? An electronic device that accepts data and processes it into useful information is called a Computer. There are two main aspects of the computer: ·        Input: The data we enter into the computer is called the input. Input, basically are raw facts for which we want the system to process and give us an outcome ·        Output: The answer that the computer provides in return of the raw data entered, is called output   Evolution of Computer   The computer started as a huge electronic device whi