CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank appointed the Part time chairman recently?
A
State bank of India
B
Karnataka Bank
C
Dena bank
D
Lakshmi Vilas Bank
Explanation: 

Detailed explanation-1: -The Reserve Bank vide its letter dated September 20, 2022 has approved the appointment of Rama Subramaniam Gandhi as non-executive (part time) chairman of the bank for a period of three years effective from Tuesday, Yes Bank said.

Detailed explanation-2: -Former RBI deputy governor R Gandhi on September 20 was appointed as part-time chairman of YES Bank. The appointment is for a period of three years. “As recommended by the Board of Directors of the Bank, the Reserve Bank of India (RBI) vide its letter dated September 20, 2022, has approved the appointment of Mr.

Detailed explanation-3: -Shaktikanta Das is the present RBI Governor, appointed for a period of three years.

Detailed explanation-4: -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-5: -The Reserve Bank of India (RBI) has approved the appointment of Rama Subramaniam Gandhi as the Non-Executive (Part-time) Chairman of Yes Bank with effect from 20 September 2022. He will have a tenure of 3 years. R. Gandhi was earlier a Deputy Governor of RBI for three years from 2014 to 2017.

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