The government has constituted a seven-member panel to select managing directors of public sector insurance companies. The panel would be headed by Banks Board Bureau (BBB) chairman.....

BANKING GENERAL KNOWLEDGE

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

The government has constituted a seven-member panel to select managing directors of public sector insurance companies. The panel would be headed by Banks Board Bureau (BBB) chairman____

A	BP Sharma
B	KM Kamtah
C	Sunol Kanoongo
D	KP Shukla

Explanation:

Detailed explanation-1: -Currently, Banks Board Bureau for PSBs has 7 members: 1 Chairman – Bhanu Pratap Sharma. 1 Secretary – Debasish Panda.

Detailed explanation-2: -The Governor of RBI is the Chairman of BBB. BBB recommends for the selection of heads for Public Sector Banks. BBB helps the Public Sector Banks in Developing strategies and capital raising plans.

Detailed explanation-3: -Banks board bureau is mandated to appoint and select various financial institute members in public sectors. This is an autonomous body of the Indian government to search and select personages for public sector banks.

There is 1 question to complete.