Union Government has decided to set up a Bank Board Bureau (BBB) to monitor key performance indicators of two dozen public sector banks (PSBs). BBB will start functioning from .....

BANKING AWARENESS AND SEBI

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

Union Government has decided to set up a Bank Board Bureau (BBB) to monitor key performance indicators of two dozen public sector banks (PSBs). BBB will start functioning from ____

A	31st December 2015
B	1st January 2016
C	31st March 2016
D	1st April 2016

Explanation:

Detailed explanation-1: -Detailed Solution. The correct answer is Bank Boards Bureau. Bank Board Bureau is responsible for the selection and appointment of the Board of Directors in Public Sector Banks, MD and CEO and Financial Institutions.

Detailed explanation-2: -The Cabinet Appointments Committee (ACC) has passed a government resolution to establish the Financial Services Institutions Bureau (FSIB) in place of the Banks Board Bureau (BBB).

There is 1 question to complete.

GENERAL KNOWLEDGE

GK

BANKING AWARENESS AND SEBI