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Question

The RBI is managed by the Central Board of Directors comprising ________.

A
10 members
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B
15 members
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C
21 members
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D
25 members
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Solution

The correct option is A 21 members
RBI commenced its operations from 1st April 1935. The Central Board of Directors is headed by the RBI Governor, comprising of 21 members including the Governor. 4 Deputy Governor, 2 Finance Ministry representatives, 10 government nominated directors to represent important elements of Indian economy, 4 directors to represent local boards.

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