Section 50
Auditors.
The Reserve Bank of India Act, 1934
About this Act
An Act to Constitute a Reserve Bank of India.
1[50. Auditors.--(1) Not less than two auditors shall be appointed, and their remuneration fixed, by
the Central Government.
(2) The auditors shall hold office for such term not exceeding one year as the Central Government may fix while appointing them, and shall be eligible for re-appointment.]
(2) The auditors shall hold office for such term not exceeding one year as the Central Government may fix while appointing them, and shall be eligible for re-appointment.]
Notes
1. Subs. by Act 62 of 1948, s. 7 and the Schedule, for section 50 (w.e.f. 1-1-1949).