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Business Studies

Merits and Disadvantages of Departmental Undertakings

What is the t...

Question

What is the term of office of an RBI governor?

A

1 year

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B

2 years

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C

3 years

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D

4 years

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E

5 years

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Solution

The correct option is C 3 years
The term of office of an RBI governor is currently 3 years (previously it was 5 years). However, the term can any time be increased by the government.

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