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Correct Option is Both a & b

Solution:Deepak Kumar and Ajay Kumar Choudhary have been promoted as new executive directors of Reserve Bank of India (RBI).
Prior to this, Deepak Kumar was heading the Department of Information Technology of RBI, while Choudhary was Chief General Manager-in-Charge, Department of Supervision.
As executive director, Deepak Kumar will look after Foreign Exchange Dept, Dept of Communication and Deposit Insurance and Credit Guarantee Corporation, wholly owned subsidiary of RBI.

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