BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

The government has appointed Shaktikanta Das as the new RBI governor. He is appointment for how many years?

A	five
B	three
C	four
D	two

Explanation:

Detailed explanation-1: -"The reappointment of Governor Shaktikanta Das for a three-year term signals continuity of monetary policy and gives greater stability to government-RBI relations, ” said Barclays in a note.

Detailed explanation-2: -If completed, Shaktikanta Das will be the longest-serving governor of the central bank after Sir Benegal Rama Rau, who was in office for 7 years and 197 days between July 1, 1949, and January 14, 1957.

Detailed explanation-3: -Das will head the RBI till December, 2024. The Government of India has extended the tenure of Reserve Bank of India (RBI) governor Shaktikanta Das for period of three years, through an order issued late on Friday.

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.

There is 1 question to complete.