Chairman of public sector banks are selected by


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The chairmen of public sector bank selected by the...

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Answer: The Banks Board Bureau.

Explanation:

The chairman of public sector bank is selected by the Banks Board Bureau.

The board for the first time conducted a type of assessment center exercise to select the chairman for the public sector banks of India.

The Assessment center program undertakes multiple evaluation methods which includes evaluation of behaviour, interviews, job-related simulations and even going through psychological tests.

Previously the government would invite applications from the private sector for the post to run the state aided banks. But this has changed as they now look for the deserved candidate within the industry.

Hope this helps.


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