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Answer : 3. "P Santosh"
Who has been appointed as the Managing Director of 'National Asset Reconstruction Company'?
5Q:
Who has been appointed as the Managing Director of 'National Asset Reconstruction Company'?
- 1Ajay Kapoorfalse
- 2Kishan Kumarfalse
- 3P Santoshtrue
- 4Natarajan Sundarfalse
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Answer : 3. "P Santosh"
Explanation :
Canara Bank Chief General Manager P Santosh has been appointed as the new Managing Director of National Asset Reconstruction Company (NARCL). He has replaced Natarajan Sundar who recently resigned from the post. Canara Bank is the sponsor bank of NARCL with more than 10 percent stake. Public sector banks are the major shareholders of NARCL. NARCL is a government unit, it was established in the year 2021.