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Question

The central board of the Reserve Bank of India can have a maximum of _____ full time Deputy Governors at any given time.

This question was previously asked in
RRB NTPC 2019 CBT 1 Question Paper (8-Mar-2021) (Shift 2)
The correct answer is
4

RBI Deputy Governors: Maximum Number

The Reserve Bank of India (RBI) Act, 1934, governs the structure and appointments within the central bank. Specifically, Section 4(1)(c) read with relevant government notifications determines the number of Deputy Governors.

Appointment Limit

According to the current regulations, the central board of the RBI can have a maximum of four (4) full-time Deputy Governors appointed at any given time. These appointments are made by the Central Government.

Conclusion

Therefore, the maximum number of full-time Deputy Governors the Reserve Bank of India's central board can have is 4.

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