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  • Principles and Practices of Banking - 3 (JAIIB)
  • Who approves the appointment of the Chief Executive Offic...
Multiple choice

Who approves the appointment of the Chief Executive Officer (CEO) of a private bank?

  1. Reserve Bank

  2. Board of the concerned bank

  3. If it is a listed bank, then SEBI

  4. Central Govt. in all cases

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Approval of appointment of Chief Executive Officers (CEOs) in India (Section 35B of the BR Act, 1949) is by RBI.

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