Question

The Central Board of RBI meets:

• A. Annually
• B. 6 times a year
• C. 4 times a year
• D. Only during financial crises

Answer 1

Answer:

B. 6 times a year

The Governor of the RBI must convene meetings of the Central Board at least six times in each year (i.e., not less than six meetings annually). Additionally, the Act specifies that there must be at least one meeting in each quarter.