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.
As on February 2022, how many countries have participated in the Human Capital Project?
Which of the following institution/s is helded by Nirmala Sitaraman ?
I. Ministry of finance
II. Ministry of Corporate affairs
I...
Agriculture Census is conducted every 5 years, which is being undertaken now after delay due to corona pandemic. The field work of agricultural census w...
Fill in the third blank with the cut-off land holding to be eligible for the Scheme.
Coir scheme is related to?
An unexpected rise in sales of a product leads to
Ministry of minority affairs was separated from Ministry of social justice and empowerment in which of the following year?
Consider the following Statements about:
(1) Self-Help Groups (henceforth SHGs) have emerged to fill the gap in the formal credit system becau...
What is the primary purpose of the Performance Grading Index for Districts (PGI-D) report?
Consider the following Statements.
I- NEP-2020 advocates for greater internationalisation in education by creating ave...