Banking Exam Question - What are Functions, Right & Duty of Board Members of Nepal Rastra Bank? Explain in Brief

Introduction - Functions, Right & Duty of NRB Board Members

The work, duties and rights of the Nepal National Bank's Board of Directors will be the same as follows:

• Monetary and foreign exchange policy building.
• Requirements regarding bank note and coin rate, picture, size, metal, note printing, or other substance
• Preparing the necessary policy regarding decision making and solicitation.
• Management and banking, financial and financial supervision of the supervision and supervision of commerce banks and financial institutions
• Making necessary policy regarding arrangements.
• To make the policy acceptable for accepting bank rules and exchange and implementing bank operations and management.
• Appointment of the staff, promotion, transfer, dismissal, remuneration, retirement, subsidy, consolidation fund, departure,
• Determining the policy about conduct and other terms of service.
• Approval and Sleep Report for annual programs for budget and budget and annual audit

• To submit information to Nepal Government for information.
• Approving annual report about action on bankruptcy.
• To create a policy on granting and canceling licenses to commerce banks and financial institutions.
• The Bank will accept the limit of debt provided to the Government of Nepal.
• Banks and credit repayments, boundaries and conditions for the financial institutions and financial institutions
• To do Decision on the membership of the bank in the international organization.
• Banking financial resources operating and investing policy.
• If the requirement to be amended in this Act is presented, the reason for this is to offer proposals to the Government of Nepal
• To do Under this Act, all the decisions other than the governor's jurisdiction will decide.
• Delegation to the sub-committees formed by the Cabinet Committee on the rights of the Committee 

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