The Chairmen of public sector banks are selected by

The Chairmen of public sector banks are selected by the

  1. Banks Board Bureau
  2. Reserve Bank of India
  3. Union Ministry of Finance
  4. Management of concerned bank

Answer

The Chairmen of public sector banks are selected by the BBB and appointed by the Finance Ministry. On the recommendation of the BBB, the Appointment Committee of Cabinet takes the final decision.

The correct option is A.