UPSC PRELIMS · ECONOMICS · PUBLIC SECTOR BANKING GOVERNANCE

With reference to the Banks Board Bureau (BBB), which of the following statements are correct? 1. The Governor of the Reserve Bank of India is the Chairman of BBB. 2. BBB recommends for the selection of head for Public Sector Banks. 3. BBB helps the Public Sector Banks in developing strategies and capital raising plans. Select the correct answer using the code given below:

Take a breath. Choose one. Press A–D on your keyboard if you like.

EXPLANATION

BBB recommended senior appointments and helped PSBs with strategy and capital raising; the RBI Governor was not its chairperson.

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