Question

How many Directors are nominated by the Government of India to the Central Board?

• A. 10
• B. 8
• C. 12
• D. 6

Answer 1

Answer:

A. 10

The Central Board of Directors consists of both official and non-official Directors. Among the non-official Directors, 10 are nominated by the Government of India to represent various sectors like agriculture, industry, commerce, and cooperative banking. This ensures that the government has a significant role in guiding RBI policy while maintaining a balance with banking experts.