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Explain the structure of regional boards of the Reserve Bank of India in brief.

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There are four regional boards of the Reserve Bank of India. These are situated in Mumbai, New Delhi, Chennai and Kolkata. There are five members in each board. These members are experts in their fields. There is one head in each board who is elected by every member of the board. The tenure of every member is of five years. Their task is to give timely information and suggestions on important things to the central government.

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