Question
What is the maximum continuous tenure a director of a
banking company (other than the chairman or whole-time director) can hold office, as per the Banking Regulation Act?Solution
Section 10A. Board of directors to include persons with professional or other experience:(2) be proprietors of any trading, commercial or industrial concern, not being a small-scale industrial concern. 1 [(2A) Notwithstanding anything to the contrary contained in the Companies Act, 1956 (1 of 1956), or in any other law for the time being in forceā (i) no director of a banking company, other than its chairman or whole-time director, by whatever name called, shall hold office continuously for a period exceeding eight years.
Goods for which demand increases as their price rises are known as:Ā
Up to what limit, FDI in insurance sector is allowed by the Government of India ?
What is the impact of an increase in the reverse repo rate?
Which type of tax is levied directly on income and wealth?Ā
Market of government securities is also known as
Which country’s Capital topped the United Nations Environment Programme's report - Frontiers 2022: Noise, Blazes and Mismatches?
India and which other country have agreed to initiate joint research and development on green fuels including green hydrogen in January 2022?
What does the term āBarter Systemā refer to?Ā
A short-term government security paper is called ______?
Ā In the new integrated food security scheme, Pradhan Mantri Garib _______Ann Yojana, what comes in the blank?
