BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The government has constituted a seven-member panel to select managing directors of public sector insurance companies. Who will be head of this panel?
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Bibek Debroy
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TS Vijayan
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Urjit Patel
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BP Sharma
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Explanation:
Detailed explanation-1: -The Secretariat of the Bureau currently comprises Secretary and four officers. It is not mandated that the Governor of RBI will be the chairman of the Bank Board Bureau (BBB). Chairman can be any person of such experts who can be appointed by the Central Government.
Detailed explanation-2: -The correct answer is the Banks Board Bureau. Bank Board Bureau is responsible for the selection and appointment of the Board of Directors in Public Sector Banks and Financial Institutions.
Detailed explanation-3: -How many members are there in the Banks Board Bureau? Currently, Banks Board Bureau for PSBs has 7 members: 1 Chairman – Bhanu Pratap Sharma. 1 Secretary – Debasish Panda.
There is 1 question to complete.