The correct answer is Dr Urjit R. Patel. Dr Urjit R. Patel served as the chief policy officer at IDFC Limited from 1997 to 2006. He was also a consultant to the ministry of power, department of economic affairs from 1998 to 2001. He also served at the International Monetary Fund. He was also responsible for the monetary policy framework as he was the chairman of the expert committee to revise and strengthen the monetary policy framework. He recommended RBI to target inflation. He became the 24th governor of The Reserve Bank of India on September 4th, 2016.