2017
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Who appoints Deputy Governor of the Reserve Bank of India?
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Government of India
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Reserve Bank Governor
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President of India
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Prime Minister of India
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Explanation:
Detailed explanation-1: -Members appointed by the Central Government.
Detailed explanation-2: -Who appointed the RBI governor? RBI governor appointed Under Section 8 of the RBI Act 1934, the central government has the power to appoint Governors and Deputy Governors to the Reserve Bank of India.
Detailed explanation-3: -The Governor and the Deputy Governors of the Reserve Bank of India are appointed by the Central Government.
Detailed explanation-4: -The six-member Monetary Policy Committee is headed by RBI Governor Shaktikanta Das. Besides the governor, the RBI has four deputy governors. The three other deputy governors of the bank are M K Jain, M Rajeshwar Rao and T Rabi Sankar.
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