Question: Who Is The Present Governor Of RBI In 2020?

Who founded RBI?

British RajReserve Bank of India/Founders.

Who is the deputy governor of India?

Deputy GovernorsNameTenureDr. M. D. Patra15.01.2020 onwardsM. K. Jain22.06.2018 onwardsB.P. Kanungo03.04.2017 onwardsN. S. Vishwanathan04.07.2016 to 31.03.202059 more rows

What is PM Modi salary?

Prime Minister of IndiaPrime Minister of India Bhārat ke PradhānamantrīFormation15 August 1947DeputyVacant, Deputy Prime Minister of IndiaSalary₹280,000 (US$3,900) (per month) more rows

Is Raghuram Rajan married?

Radhika RajanRaghuram Rajan/Spouse

What is the old name of RBI?

The Reserve Bank of India (RBI) is India’s central bank, also known as the banker’s bank. The RBI controls monetary and other banking policies of the Indian government. The Reserve Bank of India (RBI) was established on April 1, 1935, in accordance with the Reserve Bank of India Act, 1934.

Who is first RBI Governor of India?

Chintaman Dwarkanath DeshmukhChintaman Dwarkanath Deshmukh, a member of the Indian Civil Service, was the first Indian Governor of the Bank. His association with the Bank commenced in 1939, when he was appointed Government’s liason officer.

Who is the governor and deputy governor of RBI?

Non-Official DirectorsNames and addresses of the Central Board of Directors of the Reserve Bank of India1.Shri Shaktikanta Das Governor@10.2.Shri B.P. Kanungo Deputy Governor@11.3.Shri Mahesh Kumar Jain Deputy Governor@12.4.Dr. M. D. Patra Deputy Governor@13.7 more rows

What is the retirement age of RBI Governor?

62What is the retirement age of RBI Governor? For both Governors and Deputy Governors, the tenure of service is maximum of 5 years or till the age of 62 whichever is earlier.

Who is RBI governor?

Shaktikanta DasReserve Bank of India/Governors

How can I become RBI governor?

There are no fixed eligibility criteria for appointment of a person as the RBI governor. According to the RBI Act, appointment of governor is approved by the PMO on the recommendation of the finance minister.

Who are the 4 Deputy Governors of RBI?

Kanungo, Mahesh Kumar Jain, M. Rajeshwar Rao, and Michael Patra. Two of the four deputy governors are traditionally from RBI ranks and are selected from the bank’s executive directors.

What is the highest salary in RBI?

Rs. 62,400Rs 62400 (Maximum Basic Pay) Thus, the RBI Grade B Salary is Rs. 62,400/- (Maximum) and this is when an employee does not take any promotion.

Who can remove RBI governor?

Removal from and vacation of office | Reserve Bank of India Act, 1934 | Bare Acts | Law Library | AdvocateKhoj. (1) The Central Government may remove from office the Governor, or a Deputy Governor or any other Director or any member of a Local Board.

What is the salary of RBI Governor?

Rs 2.50 lakh per monthPatel’s basic salary was increased to Rs 2.5 lakh with retrospective effect from January 1, 2016. The current Governor Das also draws the same basic salary of Rs 2.50 lakh per month as per the RBI data for June 30, 2019. Clearly, there has been no change in the salary of RBI Governor over the last three years.

Where is Dr Urjit Patel now?

More From Our Partners. Former Reserve Bank of India (RBI) governor Urijit Patel has been appointed as the chairperson of National Institute of Public Finance and Policy (NIPFP), an official statement said on Friday. Patel will start his four-year tenure on June 22, succeeding former NIPFP chairman, Vijay Laxman Kelkar …

Who is the youngest RBI Governor of India?

Subir GokarnSubir Gokarn (1959-2019): One of the youngest RBI Dy Governors, whose term coincided with 2008 global crisis.

Do RBI officers go abroad?

RBI Grade B Deputations Many officers from RBI go to several national and international organization on deputation like IMF, World Bank, Other central banks.

What is RBI bank rate?

What is RBI Monetary Policy 2021? … On 4th December 2020, RBI has kept the Repo Rate unchanged at 4.00% and reverse repo rate at 3.35%. In addition to that, the Marginal Standing facility rate and the bank rate stands at 4.25%.

Who appointed RBI Governor?

Das was appointed Governor of the Reserve Bank of India by the ACC on 11 December 2018 for a period of three years, replacing Urjit Patel who had resigned the day before.