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Who is the governor of Reserve Bank of India as of May 2023?
Urijit Patel
Shaktikanta Das
Raguram Rajan
YV Patel
Shaktikanta Das
Shaktikanta Das serves as the 25th Governor of the Reserve Bank of India.
Shaktikanta Das was appointed as the Governor of the Reserve Bank of India (RBI) in December 2018, succeeding Urjit Patel. He has played a pivotal role in steering India's monetary policy, especially during the post-pandemic economic recovery phase. His tenure has been marked by significant efforts in maintaining financial stability and managing inflation through the Monetary Policy Committee framework. The government periodically reviews the leadership of the central bank to ensure alignment with national economic goals.
The Reserve Bank of India was established on April 1, 1935, in accordance with the provisions of the Reserve Bank of India Act, 1934. It is the central bank of the country and operates under the administrative control of the Ministry of Finance, Government of India.
Shaktikanta Das is the 25th Governor of the RBI.
The RBI Governor's term is typically for a period of three years, renewable.
The Monetary Policy Committee, chaired by the Governor, consists of six members.
RBI headquarters is located in Mumbai, Maharashtra.
B is correct тАФ Shaktikanta Das has been the Governor of the Reserve Bank of India since December 2018.
Remember that the RBI Governor is the custodian of India's monetary policy; associate his name with the 25th position to distinguish his tenure from predecessors like Raghuram Rajan (23rd) and Urjit Patel (24th).
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