Who was appointed as the chairman of Syndicate Bank in August 2017?

Difficulty: Easy

Correct Answer: Ajay Vipin Nanavati

Explanation:


Introduction / Context:
Public sector banks in India are supervised by boards that include a chairman who plays an important role in guiding governance and strategic direction. In August 2017, a new chairman was appointed for Syndicate Bank. This question checks whether you remember the name of that person, reflecting knowledge of banking sector appointments in the current affairs domain.


Given Data / Assumptions:

  • The bank is Syndicate Bank, a prominent public sector bank.
  • The time frame is August 2017.
  • The options list four names: Rudra Narayan Kar, R N Dubey, Melwyn Rego and Ajay Vipin Nanavati.
  • We must identify who became chairman at that time.


Concept / Approach:
Melwyn Rego served as Managing Director and Chief Executive Officer of Syndicate Bank, which is a different role from chairman. The chairman position referred to in the question was filled by Ajay Vipin Nanavati, a non executive chairman appointment announced in August 2017. By distinguishing between executive roles like MD and CEO and board level chair positions, we can avoid confusion and select the correct name from the list.


Step-by-Step Solution:
Step 1: Identify that the question is about the chairman of Syndicate Bank, not the managing director or CEO. Step 2: Recall that Melwyn Rego served as MD and CEO of Syndicate Bank around that period. Step 3: Remember that the government and appointments committee named Ajay Vipin Nanavati as the new non executive chairman of Syndicate Bank in August 2017. Step 4: Check the remaining names. Rudra Narayan Kar and R N Dubey are not recognisable as the main appointee to this specific role. Step 5: Therefore, decide that Ajay Vipin Nanavati is the correct answer.


Verification / Alternative check:
To verify, you could think back to business news covering public sector bank appointments in 2017. Articles distinguished clearly between MD and CEO appointments and non executive chairman roles. For Syndicate Bank, Ajay Vipin Nanavati was reported as the chairman, while Melwyn Rego was mentioned in connection with the MD and CEO position. This consistent pairing of names and titles confirms which role each person held.


Why Other Options Are Wrong:
Rudra Narayan Kar: Not known as the appointed chairman of Syndicate Bank in August 2017.
R N Dubey: Also not identified in news reports as chairman during that period.
Melwyn Rego: A key figure in the bank, but he held the position of Managing Director and Chief Executive Officer, not the non executive chairman role mentioned in the question.


Common Pitfalls:
A common mistake is to confuse the roles of chairman and MD or CEO, especially when both positions are discussed in the news around the same time. Test takers may remember hearing the name Melwyn Rego associated with Syndicate Bank and choose it without distinguishing between the specific roles. Carefully reading that the question asks about the chairman and not the managing director is essential to avoid this error.


Final Answer:
The person appointed as chairman of Syndicate Bank in August 2017 was Ajay Vipin Nanavati.

Discussion & Comments

No comments yet. Be the first to comment!
Join Discussion