2017
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Ajay Singh
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Ram Varma
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Rajesh Kumar
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Dilip Shanghvi
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Detailed explanation-1: -The Reserve Bank’s affairs are governed by a central board of directors. The board is appointed by the Government of India in keeping with the Reserve Bank of India Act.
Detailed explanation-2: -Each of these local boards consists of five members who represent regional interests and the interests of co-operative and indigenous banks.
Detailed explanation-3: -The Reserve Bank of India (RBI) on Tuesday announced that the government has nominated Vivek Joshi to its central board. Joshi who is the secretary of the Department of Financial Services, will hold the position of Director at RBI. The nomination has come into effect from November 15, 2022, until further orders.
Detailed explanation-4: -The board is appointed by the government under the provisions of the Reserve Bank of India Act, 1934. The board has 15 seats, of which five are official directors and 10 are non-official directors.