IBPS PO General Awareness: Banking Regulation questions with solutions

Q1. Which is the new upper age limit for CEO and whole-time directors proposed by the Reserve Bank of India?

1. 68 years
2. 70 years
3. 65 years
4. 62 years

Answer: 70 years

The Reserve Bank of India proposed an upper age limit of 70 years for CEOs and whole-time directors. This was part of regulatory changes related to governance in banks.