Multiple choice

RBI is managed by a Board which consists of

(a) governor (b) 4 deputy governors (c) other directors (d) members nominated by the Central Govt. and RBI

  1. (a), (b) and (c) only

  2. (b), (c) and (d) only

  3. (a), (c) and (d) only

  4. (a) to (d) all
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A Correct answer
Explanation

The Central Board of Directors governs the affairs of the RBI. The Board consists of Official Directors (Governor and not more than four Deputy Governors) and Non-Official Directors (ten Directors from various fields, one government official and each of the Directors of the four Local Boards) who are appointed by the Government of India for a period of four years.

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