CURRENT AFFAIRS

Detailed explanation-1: -Answer: Option D Explanation: Shri Shaktikanta Das (Governor of RBI) has dedicated “Varnika", the Ink Manufacturing Unit of Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) to the nation in Mysuru.

Detailed explanation-2: -Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) has set up an Ink Manufacturing Unit named “Varnika” at Mysuru, Karnataka, with an annual ink manufacturing capacity of 1,500 MT to enhance the security of banknotes.

Detailed explanation-3: -The government owned presses are at Nasik (Western India) and Dewas (Central India). The other two presses are at Mysore (Southern India) and Salboni (Eastern India). Coins are minted in four mints owned by the Government of India.

Detailed explanation-4: -The Governor of the Reserve Bank of India (RBI) is appointed by the Central Government. Certain provisions in the Constitution of India give the Central Government the right to issue directions to the RBI in public interest. The Governor of the RBI draws his power from the RBI Act.

Detailed explanation-5: -RBI Governor Salary The sources claim that the RBI Governor of India receives a monthly salary of 350,000. In addition to receiving a salary, the governor is also entitled to a rent-free official dwelling, free utilities, and transportation.