2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Nageswar Rao Y
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C K Mishra
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Dilip Kumar Bose
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R S Sharma
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Detailed explanation-1: -Press Releases. The Reserve Bank of India, on November 29, 2021 has superseded the board of directors of Reliance Capital Ltd. and appointed Shri Nageswara Rao Y, ex-Executive Director, Bank of Maharashtra, as the Administrator.
Detailed explanation-2: -The RBI had appointed Nageswara Rao Y as the administrator in relation to the CIRP of the corporate debtor, it said, adding after due consultations with and approval of the Committee of Creditors (CoC), bids are invited for submission of resolution plans.
Detailed explanation-3: -The RBI appointed Nageswara Rao Y as the administrator in relation to the Corporate Insolvency Resolution Process (CIRP) of the firm. Reliance Capital is the third large non-banking financial company (NBFC) against which the central bank has initiated bankruptcy proceedings under the IBC.
Detailed explanation-4: -The Reserve Bank of India (RBI) has appointed Dr. Rajiv Ranjan as Executive Director (ED) with effect from May 02, 2022.