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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

Correct answer: 70 years

Solution

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.

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