BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The Reserve Bank of India (RBI) announced recently that its board has given approval to create an additional post in the rank of Deputy Governor. For this RBI has approached the government for required legislative changes. Which post is this?
A
Chief Knowledge Officer (CKO
B
Chief Operating Officer (COO)
C
Chief Visionary Officer (CVO)
D
Chief Business Development Officer (CBDO)
Explanation: 

Detailed explanation-1: -The Reserve Bank of India, on Thursday, said its board has approved HR (human resources) restructuring by creating an additional post of Chief Operating Officer (COO) in the rank of Deputy Governor, and will approach the government for required legislative changes.

Detailed explanation-2: -Dr. Urjit R. Patel assumed charge as the twenty-fourth Governor of the Reserve Bank of India effective September 4, 2016 after serving as Deputy Governor since January 2013. He was re-appointed as Deputy Governor on January 11, 2016 after completion of his first three-year term of office.

Detailed explanation-3: -The Sub-committee is chaired by the Deputy Governor in charge of supervision and includes the three Deputy Governors and two Directors of the Central Board as Members.

Detailed explanation-4: -Deputy Governor of RBI, Michael Debabrata Patra’s three-year tenure was coming to an end on January 14. The central government on Monday has extended the term of the Deputy Governor of Reserve Bank of India (RBI), Michael Debabrata Patra, by one year.

Detailed explanation-5: -Today, we have the senior management of Reserve Bank, starting with Governor, Shri Shaktikanta Das – Deputy Governors, Shri M.K. Jain; Dr. Michael Patra; Shri M.

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