The Head of the Reserve Bank of India is designated as the.....

BANKING GENERAL KNOWLEDGE

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

The Head of the Reserve Bank of India is designated as the____

A	Chief Executive Officer
B	Managing Director
C	Chief Banking Officer
D	None of these

Explanation:

Detailed explanation-1: -The bank’s current governor is Shaktikanta Das.

Detailed explanation-2: -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-3: -Reserve Bank of India(RBI) which is an apex bank that controls and regulates the entire banking system of India was nationalized in 1949. It is the sole agency of issuing currency notes and controls the supply of money in the economy through its monetary policy.

Detailed explanation-4: -Providing credit to the general public is a job which is done by the commercial banks and not the RBI.

There is 1 question to complete.