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      Question

      While recommending a candidate for the post of Chief

      Vigilance Officer (CVO), a PSB should primarily ensure that the candidate:
      A Has prior experience in credit sanction Correct Answer Incorrect Answer
      B Is below the rank of Executive Director Correct Answer Incorrect Answer
      C Is at least in the rank of General Manager Correct Answer Incorrect Answer
      D Has worked in investment banking Correct Answer Incorrect Answer
      E Is appointed directly by RBI Correct Answer Incorrect Answer

      Solution

      The guideline clearly states that the CVO may have to handle enquiries against senior-most executives, hence a sufficiently senior officer is required. Therefore, minimum rank of General Manager is expected to ensure authority, independence, and effectiveness.

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