Question

The term of office of nominated directors in the Central Board is:

• A. 2 years
• B. 4 years
• C. 5 years
• D. 3 years

Answer 1

Answer:

B. 4 years

The nominated (non-official) directors on the RBI Central Board are appointed by the Government of India for a term of 4 years. This includes representatives from scheduled banks, cooperative banks, and other financial institutions. They may also be eligible for reappointment after the term ends.