Question

    What is the term duration for which the RBI Governor is appointed by the government of India?

    A 2 years Correct Answer Incorrect Answer
    B 3 years Correct Answer Incorrect Answer
    C 5 years Correct Answer Incorrect Answer
    D 6 years Correct Answer Incorrect Answer
    E 7 years Correct Answer Incorrect Answer

    Solution

    The Governor of the Reserve Bank of India is the Chief Executive Officer of the Central Bank of India and the Ex-officio Chairman of its Central Board of Directors. The Indian note issued by the Reserve Bank of India (RBI) bears the signature of the Governor of the Reserve Bank of India. The RBI Governor is appointed by the government of India for a three-year term and can be re-elected for the position.

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