Question

    As per the Banking Regulation Act 1949, not less

    than____ of the total number of members of the Board of Directors of a bank shall consist of persons who shall have special knowledge or practical experience in respect of one or more of the following areas: Accountancy, Agriculture and Rural Economy, Banking, Co-operation, Economics, Finance, Law, Small Scale industry:
    A One-third Correct Answer Incorrect Answer
    B 50% Correct Answer Incorrect Answer
    C Two-third Correct Answer Incorrect Answer
    D 51% Correct Answer Incorrect Answer

    Solution

    The correct answer is D

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