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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.
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Rohit allocates his monthly salary in different proportions: 15% on traveling, 20% on entertainment, 22% on studies, and 26% on food. The remainder is d...
Pankaj saves 33.33% of his monthly Income. If monthly Expenses of Pankaj is increased by 25% with respect to his previous monthly expenses, then his mon...
The sum of the original incomes of ‘Atul’ and ‘Bineet’ is Rs. 82000. If the income of ‘Atul’ had been 26000 more, then his income would ha...
The monthly incomes of Rahul, Sanjay, and Vikram are in the ratio of 3:5:4, while their monthly expenditures are in the ratio of 6:5:7. Rahul earns Rs. ...
Neha spends 60% of her monthly income. If her monthly income increased by 35% and her expenditure remained the same, then she would be able to save Rs. ...