CURRENT AFFAIRS

Detailed explanation-1: -Reserve Bank of India deputy governor Michael Debabrata Patra has been reappointed for a period of one year with effect from January 15, 2023. The appointments committee of the cabinet approved it Monday.

Detailed explanation-2: -The Central Government has re-appointed Michael Debabrata Patra as Deputy Governor of Reserve Bank of India for a further period of one year with effect from January 15, 2023. A career central banker since 1985, Patra was appointed as Deputy Governor in January 2020 for three years.

Detailed explanation-3: -The Governor of Reserve Bank of India is the Chief Executive Officer of the Central Bank of India and the Ex-officio Chairman of its Central Board of Directors. At present there are 4 deputy governors of the RBI.

Detailed explanation-4: -Today, we have the senior management of Reserve Bank, starting with Governor, Shri Shaktikanta Das – Deputy Governors, Shri M.K. Jain; Dr. Michael Patra; Shri M. Rajeshwar Rao and Shri T.

Detailed explanation-5: -The Central government has extended the tenure of Dr Michael Debabrata Patra as Deputy Governor of the Reserve Bank of India, RBI, for one more year with effect from 15 January 2023. Michael Debabrata Patra took over as Deputy Governor of the RBI on January 15 2020.