📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • ✖

      Question

      What is the minimum number of Whole-Time Directors

      (WTDs) required for a Private Sector Bank?
      A 1 Correct Answer Incorrect Answer
      B 2 Correct Answer Incorrect Answer
      C 3 Correct Answer Incorrect Answer
      D 4 Correct Answer Incorrect Answer
      E 5 Correct Answer Incorrect Answer

      Solution

      A PVB shall ensure the presence of at least two Whole-time Directors (WTDs), including the MD&CEO / CEO, on its Board. The total number of WTDs shall be decided by the Board by taking into account factors viz., the size of operations, business complexity, and other relevant aspects.

      Practice Next
      ask-question