CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The Centre has appointed M Rajeshwar Rao as the new deputy governor of which bank?
A
Reserve Bank of India
B
Central Bank of India
C
State Bank of India
D
Punjab National Bank
Explanation: 

Detailed explanation-1: -The central government on Wednesday has appointed M Rajeshwar Rao as deputy governor of the Reserve Bank of India, it said in a notification. He is currently the executive director of RBI.

Detailed explanation-2: -M Rajeshwar Rao was appointed Deputy Governor of the Reserve Bank of India (RBI) in October 2020. He joined the Reserve Bank in 1984 and as a career central banker has had exposure in various aspects of the central bank’s functioning.

Detailed explanation-3: -The central government on Monday has extended the term of the Deputy Governor of Reserve Bank of India (RBI), Michael Debabrata Patra, by one year.

Detailed explanation-4: -The Governor and the Deputy Governors of the Reserve Bank of India are appointed by the Central Government.

There is 1 question to complete.