By virtue of the amendment carried out by the Regional Rural Bank (Amendment) Act, 1987, the Chairman of a Regional Rural Bank (RRB) is to be appointed by



[ A ]    Reserve of Bank of India
[ B ]    None of the above
[ C ]    Central Government
[ D ]    State Government
[ E ]    Sponsor bank in consultation with NABARD right
Answer : Option E
Explanation :
500
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