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Financial Services Institutions Bureau (FSIB) is a government body set up under the Department of Financial Services. The board will be entrusted with making recommendations for the appointment of full-time directors and non-executive chairman of state-run financial services institutions. The government has transformed Banks Board Bureau (BBB), the headhunter for directors of state-owned banks and financial institutions, into FSIB by making some amendments. The establishment of FSIB was approved by the Appointments Committee of the Cabinet (ACC) headed by the Prime Minister. FSIB would be headed by a chairman, a central government nominee. The board would comprise the Secretaries of the DFS, the chairman of IRDAI, and a deputy governor of the RBI. Additionally, it will have three part-time members who are experts in banking and three more from the insurance sector. At present, Bhanu Pratap Sharma, the chairman of BBB, is the chairman of FSIB. FSIB’s first recommendation has been the appointment of Mr. Rajkiran Rai G as the managing director (MD) of National Bank for Financing Infrastructure and Development (NaBFID). He was appointed in August 2022.
Kavita Devi is related to which of the following sports?
When is the World Olympic Day celebrated every year?
Which of the following was included in the continuation of the PM-AASHA schemes by the government?
Which Indian state is set to receive a USD 162 million loan from the Asian Development Bank (ADB) to support tourism development projects?
What is India’s rank in share of central bank surplus transfer?
Which state government has launched a welfare fund for Mahatma Gandhi Rural Employment Guarantee Scheme (MGNREGS) workers in the State?
National Sports Day is celebrated on which of the Following Day?
The Payment Banks in India cannot?
The forces that work on the surface of the earth are known as which of the following?
Below are two statements given, where one is a statement (A) and the other is a reason (R). Choose the correct option from the codes below:
State...