How many deputy governors are there in RBI?
How many deputy governors are there in RBI?
three deputy governors
Sankar has filled the vacancy created after the retirement of B P Kanungo on April 2. The other three deputy governors are Michael D Patra, who heads the all-important monetary policy department; Mukesh Kumar Jain, the commercial banker-turned-central banker; and Rajeshwar Rao.
Who is the 22 governor of RBI?
Dr. D. Subbarao took over on September 5, 2008 as the 22nd Governor of the Reserve Bank of India.
Who has been appointed as RBI deputy governor?
T Rabi Sankar
T Rabi Sankar appointed RBI Deputy Governor.
Which is not the main work of RBI?
Providing loans to agricultural farmers.
Who is the current head of RBI?
Shaktikanta Das
Incumbent. Shaktikanta Das, IAS The Governor of the Reserve Bank of India is the chief executive officer of India’s central bank and the ex-officio chair of its Central Board of Directors.
Who is India’s Governor 2021?
Current Indian governors
| State (past governors) | Name | Took office (tenure length) |
|---|---|---|
| Haryana (list) | Bandaru Dattatreya | 15 July 2021 (51 days) |
| Himachal Pradesh (list) | Rajendra Vishwanath Arlekar | 13 July 2021 (53 days) |
| Jharkhand (list) | Ramesh Bais | 14 July 2021 (52 days) |
| Karnataka (list) | Thawar Chand Gehlot | 11 July 2021 (55 days) |
Who appoints the Governor?
The Governor of a State shall be appointed by the President by warrant under his hand and seal (Article 155).
Who is elected Governor of RBI?
S Venkitaramanan, a member of the Indian Administrative Service, had served as Finance Secretary and adviser to the Government of Karnataka prior to his appointment as Governor.
What is RBI in English?
The Reserve Bank of India (RBI) is India’s central bank, also known as the banker’s bank. The RBI controls the monetary and other banking policies of the Indian government. The Reserve Bank of India (RBI) was established on April 1, 1935, in accordance with the Reserve Bank of India Act, 1934.
Who is the current governor of RBI in India?
The bank’s 15th governor, Manmohan Singh , later became India’s 13th prime minister. The present governor of RBI is Shaktikanta Das, who took over from Urjit Patel on 12 December 2018.
Who was the first RBI Governor?
Sir John Osborne Smith (1935-1937) Sir John Osborne Smith, who was the first RBI Governor (then Imperial Bank of India ) and assumed his role in 1935, resigned his governorship in 1937 following the differences with the colonial government over interest and exchange rates.
How is Governor of RBI appointed?
The RBI Governor is “appointed” not elected. The Governor of Reserve Bank of India is appointed by the Prime Minister’s Office (PMO) on the recommendation of the Union Finance Minister as per Section 8(1) (a) of the Reserve Bank of India Act, 1934. The power to appoint is granted solely to the Central Government under S.8 of the RBI Act.