Home › IBPS RRB › Banking Awareness › RBI Basics › Central Board directors are appointed or nominat…
Central Board directors are appointed or nominated for a period of:
ATwo years
BFive years
CSix years
DFour years
Answer & Solution
Correct answer: D. Four years
1. The Government appoints the Central Board.
2. Every appointment has a fixed term.
3. The term is four years.
_Source: Reserve Bank of India, About Us (rbi.org.in)._
Related questions
Which training institute is part of the Reserve Bank?Under 'Banker to banks', RBI maintains banking accounts of all:Coins are minted by the Government of India and put into circulation by:The Deposit Insurance and Credit Guarantee Corporation Act was passed in:The NABARD Act is of the year:The Regional Rural Banks Act was passed in:The Foreign Exchange Management Act, managed by RBI, is of the year:The Credit Information Companies (Regulation) Act was passed in: