What is the purpose of forming Banks Board Bureau?
1. The bureau will recommend appointment of senior officials in public-sector banks and thus, will insulate public-sector banks from government interference.
2. The bureau will inspect the level of NPAs of public-sector banks.
3. The bureau will identify the best practices in private-sector banks and seek their implementation in public sector banks.
A. 1 only
B. 2 and 3 only
C. 1 and 2 only
D. 1, 2, and 3
Answer: Option A
Related Questions on Banking and Financial Institutions
A. 1, 2 and 3
B. 2, 3 and 4
C. 1, 2 and 4
D. 1, 2, 3 and 4
The coverage of Right to Information Act (RTI), 2005 is:
A. Whole of India
B. Whole of India, except North Eastern States
C. Whole of India, except the State of Jammu & Kashmir
D. None of the above
Second generation reforms in our country do not comprise of which one of the following?
A. Exploiting the knowledge based global economy
B. Growing Indian transnational corporations
C. Population control measures
D. Clean environment
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