BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The first Governor of the Reserve Bank of India from 1st April, 1935 to 30th June, 1937 was
A
Sir Osborne Smith
B
Sir James Taylor
C
CD Deshmukh
D
Sir Benegal Rama Rao
Explanation: 

Detailed explanation-1: -Sir Osborne A Smith was the first governor of the Reserve Bank of India. He held the post of the governor from 1 April 1935 to 30 June 1937. However, please note that he never signed any Indian rupee notes during his tenure. Lord Irwin, the Governor-General of India in 1930 conferred him with the knighthood.

Detailed explanation-2: -Sir Osborne Smith was the first Governor of the Reserve Bank.

Detailed explanation-3: -Sir Osborne Smith was the first Governor of the Reserve Bank of India. He served on this post from 1 April 1935 to 30 June 1937.

Detailed explanation-4: -Shri Shaktikanta Das, 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 December 12, 2018.

Detailed explanation-5: -The first Deputy Governor of the RBI was Sir James B. Taylor. Later on, Taylor became the second Governor of the Reserve Bank of India, holding office from 1 July 1937 until his death on 17 February 1943.

There is 1 question to complete.