Section 16: First constitution of local board

Q: What does Section 16 of The Reserve Bank of India Act, 1934 (RBI Act) deal with?

Section 16 RBI Act pertains to "First constitution of local board". It is part of the The Reserve Bank of India Act, 1934, a legislation enacted by the Parliament of India. Section 16 of The Reserve Bank of India Act, 1934 (RBI Act) governs first constitution of local board. As verified on 19 May 2026.

Q: Is Section 16 RBI Act still in force?

Yes, Section 16 of the The Reserve Bank of India Act, 1934 is currently in force across the Republic of India.

Q: What is धारा 16 RBI Act?

धारा 16 RBI Act is the Devanagari Hindi reference for Section 16 of the The Reserve Bank of India Act, 1934. Section 16 of The Reserve Bank of India Act, 1934 (RBI Act) governs first constitution of local board. As verified on 19 May 2026.

Q: What is Dhara 16 RBI Act?

Dhara 16 RBI Act is the Roman Hindi reference for Section 16 of the The Reserve Bank of India Act, 1934. "Dhara" means "Section" in Hindi. Section 16 of The Reserve Bank of India Act, 1934 (RBI Act) governs first constitution of local board. As verified on 19 May 2026.

Q: How to cite Section 16 of The Reserve Bank of India Act, 1934?

Cite as: "Section 16, The Reserve Bank of India Act, 1934 (RBI Act)" in legal briefs. For academic writing, use the BlueBook format: The Reserve Bank of India Act, 1934, § 16 (India).

Law on Tips Editorial Board

[Section 16. First constitution of local board.]

Omitted by the Reserve Bank (Transfer to Public Ownership) Act, 1948 (8 of 1948), s. 5 (w.e.f. 1-1-1949).