Banking Exam Question - What are the Procedure of Formation Board Members of NRB? What the Special Provision/Facility for NRB? Explain

Introduction - Board Member of Nepal Rastra Bank & Special Provision for NRB

According to Article 14 of Bank of Nepal, 2058, the Central Bank Board of Directors will be a seven member, which works at the highest level of central bank. The seven-member conductor committee is formed according to the following.

• Governor
• Secretary, Ministry of Finance
• 2 Deputy Gorvernor
• 3 executive members appointed by the government of Nepal, among the distinguished people in the field of financial, physical, banking, financial and commercial law

Special Discounts Provided to Nepal Rastra Bank

Anything written in the prevailing laws in accordance with Article 8 of the Nepal National Bank of India, Act, 2058, will be received and the facility will be received from the following:

• Bankruptcy, capital business, property, property and property in all taxes, fees and free income,
• Written registration of loan or repayment of banks should not be deemed, 
• In any instrument related to bank, the ticket does not fit,
• Any taxes, fees, customs, customs duties, etc. for withdrawal of paper, metal, chemicals and other items used for bankruptcy, coin, gold, silver.