CURRENT AFFAIRS

Detailed explanation-1: -Shaktikanta Das (born 26 February 1957) is serving as the current & 25th governor of the Reserve Bank of India (RBI). He was earlier a member of the Fifteenth Finance Commission and India’s Sherpa to the G20. Das is a retired 1980 batch Indian Administrative Service (IAS) officer of Tamil Nadu cadre.

Detailed explanation-2: -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. Recently, Shaktikanta Das has been appointed the Governor of RBI for a period of three years.

Detailed explanation-3: -Shri Shaktikanta Das, IAS Retd., former Secretary, Department of Revenue and Department of Economic Affairs, Ministry of Finance, Government of India assumed charge as the 25th Governor of the Reserve Bank of India effective December 12, 2018.

Detailed explanation-4: -If completed, Shaktikanta Das will be the longest-serving governor of the central bank after Sir Benegal Rama Rau, who was in office for 7 years and 197 days between July 1, 1949, and January 14, 1957.

Detailed explanation-5: -Recently, Shaktikanta Das has been appointed the Governor of RBI for a period of three years.