Question

Meetings of the Central Board shall be convened by the RBI Governor

• A. at least 4 times each year and twice in each quarter
• B. at least 5 times each year and once in each quarter
• C. atleast 6 times each year and once in each quarter
• D. at least 3 times each year and twice in each quarter

Answer 1

Answer:

C. atleast 6 times each year and once in each quarter

Management and Departments of RBI:

• As per Section 13 of RBI Act of 1934 : Meetings of the Central Board.
• Meetings of the Central Board shall be convened by the Governor atleast six times in each year and atleast once in each quarter.