Act Number: 2

Act Name: The Reserve Bank of India Act, 1934

Year: 1934

Enactment Date: 1934-03-06

Long Title: An Act to Constitute a Reserve Bank of India.

Ministry: Ministry of Finance

Department: Department of Financial Services

Section 50: Auditors.
    1[50. Auditors.--(1) Not less than two auditors shall be appointed, and their remuneration fixed, by the Central Government.
     (2) The auditors shall hold office for such term not exceeding one year as the Central Government may fix while appointing them, and shall be eligible for re-appointment.]
Notes:
1. Subs. by Act 62 of 1948, s. 7 and the Schedule, for section 50 (w.e.f. 1-1-1949).
Previous Section Next Section
Scroll to Top