BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The number of directors on the Boards of RRBs has been raised to
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14
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15
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16
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17
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Explanation:
Detailed explanation-1: -(2) The Central Government may increase the number of members of the Board; so, however, that the number of directors does not exceed fifteen in the aggregate and also prescribe the manner in which the additional number may be filled in. 10.
Detailed explanation-2: -two directors, who are officers of the concerned State Government, to be nominated by that Government.
Detailed explanation-3: -Three directors shall be elected in case of equity share capital issued being 25% or above. If required, the central government can also appoint an officer to the board of directors to ensure effective functioning of the RRB.
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