Reserve Bank of India Act, 1934
Section - 8 - Composition of the Central Board and term of office of Directors
Composition of the Central Board and term of office of Directors
.
8
. (1) The Central Board shall consist of the following Directors, namely :-
(2) The Governor and Deputy Governors shall devote their w .... To read the full section download the app from Google Play store
| (a) | - | a Governor and [not more than four] Deputy Governors to be appointed by the Central Government ; |
| (b) | - | four Directors to be nominated by the Central Government, one from each of the four Local Boards as constituted by section 9 ; |
| (c) | - | [ten] Directors to be nominated by the Central Government ; and |
| (d) | - | [two Government officials] to be nominated by the Central Government; |
CAclubindia
