New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    The chairman and managing director of EXIM Bank shall

    hold office for a period of .........
    A maximum five years Correct Answer Incorrect Answer
    B minimum five years Correct Answer Incorrect Answer
    C maximum three years Correct Answer Incorrect Answer
    D minimum three years Correct Answer Incorrect Answer
    E seven years Correct Answer Incorrect Answer

    Solution

    Section 6(2) of EXIM Act - Constitution of Board The chairman and the managing director or the whole-time director shall hold office for such term, not exceeding five years, as the Central Government may specify in this behalf and any person so appointed shall be eligible for re-appointment.  

    Practice Next