Economics · Economy
Consider the following statements regarding the Banks Board Bureau (BBB), which has been replaced by the Financial Services Institutions Bureau (FSIB): 1. It was set up in February 2016 based on the recommendations of the RBI-appointed P.J. Nayak Committee. 2. It comprised a Chairman, three ex-officio members (including the Secretary of the Department of Financial Services and Deputy Governor of the RBI), and expert members. 3. The Bureau started functioning from April 01, 2016, as an autonomous recommendatory body. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 2 and 3
- 2Both 1 and 2
- 3Both 2 and 3✓
- 41 only
Correct answer
Both 2 and 3
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