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The Reserve Bank of India (RBI) announced that managing directors (MDs) and chief executive officers (CEOs) of asset reconstruction companies (ARCs) cannot have more than three terms in office, with each term not exceeding five years. In addition, the retirement age of CEOs has been brought on a level pegging with CEOs of private banks, which is 70 years. Apart from enhancing governance norms, ARCs have been allowed to become resolution applicants (RSa) in bankruptcy proceedings — they can bid for assets in Insolvency and Bankruptcy Code (IBC) cases.
How do you typically respond to failure or setbacks?
How important is it for you to have a sense of control?
How important is it to you to be acknowledged and complimented for your efforts?
How do you typically handle conflicts within your personal relationships?
How likely are you to forgive someone who has hurt you deeply, even if they do not apologize?
How important is it for you to have control over your environment?
How important is it for you to have a strong sense of identity or self-concept?
How often do you find yourself worrying about the future or things you cannot control?
Are you more of a logical or emotional person?
How do you deal with difficult people or situations?