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.
Choose the correct word that can replace the given phrase.
a person who is indifferent or apathetic towards emotions or feelings
Carry out
A. She was entrusted to carry out the responsibilities of her new managerial role.
B. The company will carry out a survey t...
Using or containing more words than are needed
an organism that lives in or on an organism of another species and benefits by deriving nutrients at the other's expense.
Phrasal verbs are highlighted in bold in the below-given sentences. Mark the option that best describes its meaning.
The artist wanted to bri...
Choose the correct word that can replace the given phrase.
a person who is hesitant or unsure about an action or decision
Phrasal verbs are highlighted in bold in the below-given sentences. Mark the option that best describes its meaning.
The company had to lay o...
They're travelling across Europe by train and are planning to arrive in Moscow.
Call off
A. It's always a good idea to call off reviews before making a purchase.
B. The coach decided to call off the practice sessi...
Phrasal verbs are highlighted in bold in the below-given sentences. Mark the option that best describes its meaning.
The new law seeks to cr...