GENERAL KNOWLEDGE

GK

BANKING AWARENESS AND SEBI

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Chairman of Banks are decided by
A
RBI
B
Finance Ministry
C
Corporate Ministry
D
Commerce Ministry
Explanation: 

Detailed explanation-1: -The correct answer is the Banks Board Bureau.

Detailed explanation-2: -The Reserve Bank of India was established following the Reserve Bank of India Act of 1934. Though privately owned initially, it was nationalised in 1949 and since then fully owned by the Ministry of Finance, Government of India (GoI).

There is 1 question to complete.