IBPS Bank Po & RBI & SEBI
IBPS Bank PO Exam
Prelims
- English
- Quantitative Aptitude
- Reasoning
Mains
- Reasoning & Computer Aptitude
- Data Analysis
- English
- Banking Awareness
- Descriptive Writing
RBI (Reserve Bank of India)
Overview
The Reserve Bank of India (RBI) is the central bank of the country. It regulates the financial system and ensures the stability of the Indian economy.
Functions of RBI
- Issues Currency: Controls the printing and circulation of money.
- Bankers’ Bank: Regulates and supervises all commercial banks.
- Monetary Policy: Manages inflation and money supply through repo rate, reverse repo rate, etc.
- Foreign Exchange Management: Regulates the FOREX market and manages foreign reserves.
- Government’s Bank: Handles banking transactions of the central and state governments.
- Financial Stability: Ensures safety of the banking and financial system.
SEBI (Securities and Exchange Board of India)
Overview
The Securities and Exchange Board of India (SEBI) is the regulator of the securities and stock market in India. It protects investors and promotes fair trading practices.
Functions of SEBI
- Protects Investors: Ensures transparency and prevents fraud in the stock market.
- Regulates Stock Exchanges: Monitors and supervises stock exchanges like NSE and BSE.
- Regulates Market Intermediaries: Controls brokers, mutual funds, merchant bankers, etc.
- Promotes Fair Trading: Prevents insider trading and unfair practices.
- Develops Capital Markets: Introduces rules and reforms for smooth market operations.
- Company Regulations: Oversees IPOs, public issues, and listing of companies.