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The Reserve Bank of India (RBI) has recommended reforms in PSBs aimed at robust corporate governance practices in these banks. Which of the following is NOT correct in this regard?

A)  Splitting chairman and managing director's post

B)  RBI and govt should withdraw from boards.

C)  Chief executives should be given 5-year terms.

D)  In case of frauds, banks' boards and senior managements should be held accountable and a branch-level official should not be made scapegoat.

E)  None of these