RBI Summer Internship 2024: Apply Now!

Overview of the RBI Summer Internship 2024

The RBI Summer Internship 2024 provides an exceptional chance for students to explore the inner workings of the Reserve Bank of India (RBI). Since its establishment on April 1, 1935, the RBI has regulated monetary policy and ensured financial stability. Headquartered in Mumbai, it oversees crucial sectors such as banking and currency issuance.

Who Can Apply?

This internship program targets students pursuing post-graduate courses, integrated five-year programs, or professional law degrees from reputable institutions. Participants will work on research-based projects in economics, finance, banking, and law. They will gain hands-on experience and insights from seasoned professionals at various RBI offices across India.

Key Highlights of the Internship

  • Duration: The internship lasts three months, typically from April to July. The RBI may adjust the timeline based on academic schedules.
  • Stipend: Selected interns receive a monthly stipend of ₹20,000, enhancing their financial experience along with the invaluable learning opportunity.
  • Selection Criteria: The RBI will choose up to 125 students based on their academic qualifications and the quality of their applications.

How to Apply

  • Important Dates: The application period opens on October 15 and closes on December 15. After this, the RBI will invite shortlisted candidates for interviews in January or February.
  • Application Steps: Interested candidates should visit the official RBI website, complete the online application form, and upload necessary documents such as a bonafide certificate and a recent passport-sized photo.

Important Considerations

  • Accommodation: Interns must arrange their own accommodation during the internship, but the stipend will help cover some costs.
  • Travel Expenses: The RBI will not reimburse travel costs for outstation students attending interviews. However, selected interns will receive reimbursement for their return train fare.

This internship represents a remarkable opportunity to develop skills and connect with India’s central bank. Don’t miss the chance to jumpstart your career in economics, finance, law, or management. Apply for the RBI Summer Internship 2024 by December 15 and begin a journey that could shape your professional future!


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The Udaipur Files Controversy Case

The Udaipur Files controversy case (Jani Firefox Media Pvt. Ltd v. Maulana Arshad Madani and Ors.) has been listed for awaiting the Centre’s decision on a review petition filed against granting it certification. The president of  Jamiat Ulema-e-Hind, Maulana Arshad Madani filed the matter alleging a skewed and biased representation of muslim identity. The hearing of the case is deferred for July 21 2025 before the bench of Justices Surya Kant and Joymalya Bagchi

The movie is inspired from the Kanhaiya Lal 2022 murder case. The trailer received flak initially due to its showcasing a set of controversial statements by BJP spokesperson Nupur Sharma. The director and producer are notably supportive of Sanatani ideology. 

The defendants have alleged that the producer Amit Jani has been receiving death threats, particularly for the choice in casting Seema Haider in the film. Seema Haider received popularity when she tried to illegally enter India from Pakistan on the pretext of marrying a man she had met on PUBG. The Court has granted the defendants the scope to approach local police for availing of protection. 

In 2022, a tailor named Kanhaiya Lal was brutally beheaded allegedly by Muhammad Riyaz Attari and Muhammad Ghaus. The video was posted online. The trial is as of now pending before the Court. Mohammed Javed as one of the petitioners too has been permitted to participate in the proceedings by the Court. He had been indicted in the Kanhaiya Lal murder case but granted bail by the Rajasthan High Court. 

While Courts have usually favoured preserving the creative and artistic intent of makers, they have also balanced ethical and societal considerations on the side. The row over Tandav web series bordered on allegations of hurting religious sentiments. The controversy initiated striking changes on regulation of OTT platforms in India and on the liability of intermediaries. Since then, the government has notified the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 (the “Intermediary Rules, 2021”).

The 1989 case of S. Rangarajan v. P. Jagjivan Ram concerning the Tamil film Ore Oru Gramathile had laid down the foundational affirmation in context of film censorship. It recognized freedom of expressing artistic intent through the visual medium as a constituent of Article 19. Reasonable restrictions still apply but do not encroach onto the liberty of criticizing the government’s actions and political issues in open space. 

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