BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who is the first Governor of RBI?
A
C.D.Deshmukh
B
James Braid Taylor
C
Osborne Smith
D
Raghuram Rajan
Explanation: 

Detailed explanation-1: -Sir Osborne Smith was the first Governor of the Reserve Bank. A professional banker, he served for over 20 years with the Bank of New South Wales and 10 years with the Commonwealth Bank of Australia before coming to India in 1926 as a Managing Governor of the Imperial Bank of India.

Detailed explanation-2: -The person who served as RBI Governor for the longest time was Benegal Rama Rao. He worked for 7 years from July 1, 1949, until January 14, 1957. Amitabh Ghosh served as RBI Commander for the shortest time, only for 20 days from 15 January 1985 to 4 February 1985.

Detailed explanation-3: -Dr. Urjit R. Patel assumed charge as the twenty-fourth Governor of the Reserve Bank of India effective September 4, 2016 after serving as Deputy Governor since January 2013.

There is 1 question to complete.