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The appointment of Executive Officer is done under which of the following section of Rajasthan Co-operative bank act?


1. Section 30
2. Section 28
3. Section 2
4. Section 32
5. Section 29

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Correct Answer - Option 5 : Section 29

The Correct Answer is Section 29.

  • "Executive Officer" means an officer, by whatever name he or she is known, who is appointed under Section 29 (2) to assist the Chief Executive Officer in the operation of a society under the committee's supervision, control, and direction.
  • An executive officer is a person who is in charge of operating a company, albeit the specific nature of the function varies depending on the company.
  • The Registrar, or any other body authorized to establish a society other than a financial bank, shall be the designated authority to nominate Committee members on behalf of the Government under section 29.
  • Provided, however, that a government employee may be appointed to the committee of a society comprised solely of government employees; or as a nominee of the Government or any authority designated by the Government in this regard under section 29, or as a nominee of the Government or the Registrar under the authority granted by the bye-laws, or as a representative of such a society.
  • The term "Chief Executive Officer" refers to a person who, under the supervision, control, and direction of the committee, is charged with the management of the society.

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