UPSC CSE Prelims
Question 80
The Chairmen of public sector banks are selected by
View correct answer and explanation
Correct answer: A
Correct Option: A
Explanation:
In the 2019 institutional framework the Banks Board Bureau recommended appointments of chairpersons and other senior officers in public-sector banks.
Option-wise Analysis:
A (Correct): The Banks Board Bureau was tasked with recommending PSB top-management candidates.
B (Incorrect): RBI regulates banks but was not the primary selection body described.
C (Incorrect): The Finance Ministry/government makes final appointments; the question asks about the selection/recommendation process.
D (Incorrect): A bank’s management cannot independently appoint its public-sector chairperson.
Review Note:
Institutional arrangements changed after 2019; the key reflects the period’s Banks Board Bureau.