DBOD is entrusted with the responsibility of regulation of commercial banks under the regulatory provisions contained in the Banking Regulation Act, 1949 and RBI Act, 1934 besides enunciation of banking policies. What is the full form of DBOD?

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	Department of Banking Operations & District
B	Department of Banking Operations & Development
C	Department of Banking Operations & Division
D	Department of Branches Operations & Development

Explanation:

Detailed explanation-1: -Power of Reserve Bank to appoint additional Directors | Banking Regulation Act, 1949 | Bare Acts | Law Library | AdvocateKhoj.

Detailed explanation-2: -Section 10BB. Power of Reserve Bank to appoint chairman of the Board of directors appointed on a whole-time basis or a managing director of a banking company. Section 10C. Chairman and certain directors not to be required to hold qualification shares.

Detailed explanation-3: -Section 45Z in BANKING REGULATION ACT, 1949.

Detailed explanation-4: -Section 24 in BANKING REGULATION ACT, 1949.

There is 1 question to complete.