Official Answer Key & Detailed Solution
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Correct Answer: Option (A) — Banks Board Bureau
Concept & Option Breakdown
Standard Reference VerifiedThe Banks Board Bureau (BBB), constituted in 2016 as part of the 'Indradhanush' plan based on the P.J. Nayak Committee recommendations, was mandated to recommend candidates for full-time directors and non-executive chairpersons of Public Sector Banks (PSBs). In 2022, the BBB was replaced by the Financial Services Institutions Bureau (FSIB).
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