Question Bank - Law Officer

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Who is the Governor of the Reserve Bank of India? (As of 2017)

A.
Y.V. Reddy
B.
Montek Singh
C.
Shaktikanta Das
D.
Urjit Patel

Solution:

The correct answer is Shaktikanta Das.Shri Shaktikanta Das, an IAS Retd., former Secretary, Department of Revenue and Department of Economic Affairs, Ministry of Finance, Government of India assumed charge as the 25th Governor of the Reserve Bank of India effective from December 12, 2018.He takes charge from Urjit Patel.The Governor of Reserve Bank of India is the Chief Executive Officer of the Central Bank of India and the Ex-officio Chairman of its Central Board of Directors.The RBI Governors are appointed by the government of India for a fixed time period and not elected.The Indian note issued by the Reserve Bank of India is signed by the Governor of the RBI.Additional InformationThe first Governor of the Reserve Bank of India was a British banker, Sir Osborn Smith.Sir C.D. Deshmukh was the first Indian Governor in the RBI governor. The Reserve Bank of India established by the British Government in 1935, is the highest monetary authority of the nation.Since its establishment, the organization has seen 25 people serving as the RBI Governor.

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