As of June 2019, who is the CEO of Central Bank of India? 

As of June 2019, who is the CEO of Central Bank of India?  Correct Answer Pallav Mohapatra

On 21st September 2018, Mr Pallav Mohapatra was appointed as MD & CEO of the First bank in India which was wholly owned & managed by the Indians.

  • Mr Pallav Mohapatra holds the Degree of MSc in Statistics and CAIIB. He initially joined SBI as a Probationary Officer in 1983 and finally, before joining Central Bank of India, he was Vice President (Credit & Forex)  at SBI (California), Los Angeles.  
  • Central Bank of India was established in 1911 by Sir Sorabji Pochkhanawala and its Headquarter is located at Mumbai, Maharastra.
  • Mr Shyam Srinivasan is the Chairman of Federal Bank and an Alumni of Indian Institute of Management, Kolkata.
  • Mr T N Manoharan is a Chartered Accountant by profession and the Chairman of Canara Bank as well as he is awarded Padamshri.
  • Ms P V Bharti is the present Managing Director and CEO of the Corporation Bank which was founded in 1906, 114 years ago.

Related Questions

In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the following suggested courses of actions logically follow(s) for pursuing. Statement: In a bid to find a successor to founder CEO Rana Kapoor, The Yes Bank has formed a five member panel including two members from outside the bank, less than a week after Reserve Bank of India (RBI) cut short his tenure until January 31 2019. In a press release sent to the exchanges late on Tuesday evening, Yes Bank said that the “search and selection committee” would comprise of three members of the bank’s nomination and remuneration committee and also two external members, which the bank did not specify.  Courses of action: I. However, the board has requested the Reserve Bank of India (RBI) to grant an extension to Kapoor up to September 2019 ‘for finalization of audited financial statements for fiscal year ending March 2019 and in order for the statutory AGM process to be completed’. II. The board has also recommended the elevation of senior group presidents Rajat Monga and Pralay Mondal as executive directors ‘to ensure a long term succession plan within Yes Bank, and given the demonstrated track record of these two senior leaders’. All this will be subject to RBI approval.  III. The panel will comprise of five members and will focus on find a successor to Rana Kapoor.
The question given below consists of a statement, followed by three arguments numbered I, II and III. You have to decide which of the arguments is/are ‘strong’ arguments and which is/are ‘weak’ arguments and accordingly choose your answer from the alternatives given below each question. Statement: A shortage of bank branches and ATMs across India’s hinterland is holding back Prime Minister Narendra Modi’s financial inclusion efforts and risks angering rural voters ahead of elections next year. After taking office in 2014, Modi set an ambitious target to open a bank account for every household to ensure welfare funds flow directly to India’s poor, while improving access to credit and insurance programs. He pushed policies that helped bring 310 million people into the formal banking system in just four years, according to the World Bank. Based on the arguments stated below and he information stated above, which of the following arguments state the reason for the problem, ‘But many of India’s villages still lack bank branches or ATMs to help service new customers, while the pace of building new financial infrastructure has actually slowed’.  Arguments: I. Because Modi’s government effectively forced poor citizens into the banking system by linking some welfare benefits to bank accounts, villagers have ended up stuck in long queues and struggling with ATMs that often run out of cash or break down.  II. With an election due next year, the mismatch between the government’s policies and the rural banking system is generating frustration among a key slice of India’s electorate. III. The banking system struggled to keep up, while some gains proved temporary. Nearly half of Indian bank accounts were inactive in 2017, meaning they weren’t used at all in the previous 12 months