Question

As per RBI, a 'Non-Executive Chairman' of a private sector bank should not be above the age of:

A 60 years Correct Answer Incorrect Answer
B 65 years Correct Answer Incorrect Answer
C 70 years Correct Answer Incorrect Answer
D 75 years Correct Answer Incorrect Answer
E 80 years Correct Answer Incorrect Answer

Solution

RBI regulations cap the age of a Non-Executive Chairman/Director at 75 years to ensure active and effective governance.

Practice Next

Relevant for Exams:

ask-question