Composition of board of directors of RBI
Q. Which of the following statements is/are correct about RBI?
1. Governor of RBI is not eligible for reappointment.
2. Deputy Governors are appointed by governor of RBI.- Published on 02 Nov 15a. Only 1
b. Only 2
c. Both
d. None
ANSWER: None
- Governor of RBI is eligible for reappointment.
Composition of board of directors of RBI:
1. Governor and not more than four Deputy Governors to be appointed by the Central Government;
2. Four Directors to be nominated by the Central Government, one from each of the four Local Boards as constituted by section 9;
3. Ten Directors to be nominated by the Central Government; and
4. One Government official to be nominated by the Central Government.
