UPSC Prelims Practice Questions — Malhotra urged to intervene to correct promotion policy

Q1. Sanjay Malhotra, who took charge in December 2024 and was urged in May 2026 by the RBI Officers' Association to intervene on the revised promotion policy, holds which one of the following positions in the order of succession of Governors of the Reserve Bank of India?

  • A. 24th Governor of the Reserve Bank of India
  • B. 25th Governor of the Reserve Bank of India
  • C. 26th Governor of the Reserve Bank of India
  • D. 27th Governor of the Reserve Bank of India

Q2. In the context of the RBI Officers' Association's May 2026 demand to restore the earlier regime, the term 'time-bound promotion' most precisely refers to which one of the following?

  • A. Promotion granted automatically on completion of a prescribed minimum period of service in a grade, irrespective of the number of vacancies in the next grade
  • B. Promotion granted only when a vacancy arises in the higher grade, subject to a minimum residency period in the lower grade
  • C. Promotion granted on the basis of a competitive departmental examination conducted at fixed intervals
  • D. Promotion granted on the recommendation of an annual performance appraisal committee against benchmarked ratings

Q3. The service conditions of officers of the Reserve Bank of India, which are at the heart of the May 2026 promotion-policy dispute, are framed by the Central Board of the Bank under which one of the following statutes?

  • A. The Banking Regulation Act, 1949
  • B. The Reserve Bank of India Act, 1934
  • C. The Industrial Disputes Act, 1947
  • D. The Public Sector Bank (Service) Act, 1970

Q4. At the level of the Government of India, the administrative interface for matters relating to the Reserve Bank of India — including representations such as those forwarded by the RBI Officers' Association in May 2026 — is primarily handled by which one of the following?

  • A. Department of Economic Affairs, Ministry of Finance
  • B. Department of Financial Services, Ministry of Finance
  • C. Department of Revenue, Ministry of Finance
  • D. Department of Personnel and Training, Ministry of Personnel, Public Grievances and Pensions