Recently the Government raises maximum tenure of PSU banks' CEO to ____ years, from the earlier 5 years.
The maximum tenure of CEO and MD of public sector banks has been increased to 10 years, a move that will help the government retain the best talent in the banking sector. The term for the appointment has been extended to 10 years, from the earlier 5 years, subject to superannuation age of 60 years. This is also applicable for whole-time directors of all Central Public Sector Enterprises (CPSEs). The amendment would be called Nationalised Banks (Management and Miscellaneous Provisions) Amendment Scheme, 2022. The central government has the right to terminate the term of office of a whole-time director, including the managing director, any time before the expiry of the term specified, by giving him a notice of not less than three months, in writing or three months’ salary and allowances in lieu of notice. The decision of the government would help banks to retain the talent who rise to the ladder of whole-time directors at a very early age of 45-50 years.
Deterrent
(i) The speech has strengthened our faith and deterrent .
(ii) They seriously believe that capital punishment is a deterr...
Time perception raises a number of ______ puzzles, including what it means to say we perceive time.
PLUMBER : WRENCH :: PHILOSOPHER :
Select the most appropriate meaning of the given idiom.
All eyes
Select the most appropriate option to improve the bold segment in the given sentence.If there is no need to improvement it,select, no improvement.
<...Impasse
(i) Negotiations have reached an impasse .
(ii) Our impasse response to the attack was sheer horror.
(iii) The propos...
Select the most appropriate direct form of the given sentence.
The little girl asked her mother if she could visit her friend’s house.
While it is true that renewable (A) energy projects are well-meaning and seek to reduce our reliance (B) on an energy economy pivoted (C) on fossi...
Parley
(i) When Abraham won the war, there ensued a brief parley between himself and the king of Sodom.
(ii) Raven had little desire ...
The leader said the reply to his RTI application (A) had made it clear that the government was not serious about eradicating (B) corruption and thi...