The Reserve Bank of India approves the reappointment of Shyam Srinivasan as MD & CEO of Federal Bank for the period of;

2019

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	1 Year
B	2 Years
C	3 Years
D	4 Years

Explanation:

Detailed explanation-1: -Srinivasan is an alumnus of the Indian Institute of Management, Calcutta, and Regional Engineering College, Tiruchirapally. Private sector Federal Bank on Friday said it has received approval from the RBI to re-appoint Shyam Srinivasan as its MD and CEO for three years.

Detailed explanation-2: -Ashutosh Khajuria is the Executive Director of Federal Bank.

Detailed explanation-3: -The correct answer is National Housing Bank. National Housing Bank is a subsidiary of RBI. The National Housing Bank (NHB) is India’s apex regulatory authority for housing finance enterprises’ overall regulation and licensing.

Detailed explanation-4: -The main functions of the bank are to regulate the issuing of bank notes and keeping the reserves with a view to securing monetary stability in India and generally to operate the currency and credit system of the country to its advantage.

There is 1 question to complete.