Question

Under Section 5(3), a member may resign his office by giving notice in writing to the Central Government, and such member shall be deemed to have vacated office:

A Immediately upon signing the resignation letter, without any further formality
B Only after a successor has been appointed and has assumed office
C Thirty days after the notice is received by the Central Government, automatically
D Only upon acceptance by the Authority's Board through a formal resolution
E On such resignation being notified in the Official Gazette by the Government
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)