Sail E0 Webinar
Question
Which bank directed Urban Cooperative Banks to eliminate honorary positions within one year?
Options:
A .  SBI
B .  RBI
C .  PNB
D .  BOB
Answer: Option B

The Reserve Bank on Thursday asked Urban Cooperative Banks (UCBs) not to create any honorary position or title such as Chairman Emeritus and Group Chairman at the board level as it results in the creation of a shadow authority.



Was this answer helpful ?
Next Question

Submit Solution

Your email address will not be published. Required fields are marked *

Latest Videos

Latest Test Papers