Question

Which of the following is true about Official Directors?

• A. They include members nominated from commercial banks
• B. They are elected by RBI shareholders
• C. They are ex-officio members such as Finance Secretary and RBI Deputy Governors
• D. They represent regional offices

Answer 1

Answer:

C. They are ex-officio members such as Finance Secretary and RBI Deputy Governors

Official Directors are members of the RBI Central Board by virtue of the positions they hold (ex-officio). They include: Governor of RBI Deputy Governors Certain RBI officers nominated by the Central Board They do not include representatives from commercial banks, shareholders, or regional offices—those fall under Unofficial Directors.