GyanGramWith reference of the ‘Banks Board Bureau (BBB)’, which of the following statements are correct? 1. The Gover…
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With reference of the ‘Banks Board Bureau (BBB)’, which of the following statements are correct?
1. The Governor of RBI is the Chairman of BBB.
2. BBB recommends for the selection of heads for Public Sector Banks.
3. BBB helps the Public Sector Banks in Developing strategies and capital raising plans.
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• Correct Answer: B
• BBB Chairman is appointed by the Central Government, not RBI Governor (RBI Deputy Governor is an ex-officio member).
• BBB recommends PSB heads and assists in strategy formulation and capital raising plans.
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