Raghuram Rajan was the former ______ of India.

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Maha TAIT Official Paper (Held On 12 Dec 2017 Shift 1)
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  1. Prime Minister
  2. President
  3. CAG
  4. None of these

Answer (Detailed Solution Below)

Option 4 : None of these
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Detailed Solution

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The correct answer is None of these.

Key Points

  • Raghuram Rajan was the former Governor of the RBI of India.
  • Raghuram Rajan was the 23rd governor of RBI.
  • RBI is the central bank of India which controls the money supply in the country.
  • It has the sole authority of printing currency.
  • The sole authority to mint coins is with the Ministry of Finance.

Additional Information Reserve Bank of the India

  • The current governor of RBI is Shaktikanta Das.
  • It was founded in 1935 and was nationalised on 1 January 1949.
  • It's headquartered is in Mumbai.
  • The first RBI governor was Osborne Smith.
  • The tenure of RBI governor lasts for 3 years and can be extended.
  • The RBI ACT of 1934 provides for RBI Governors, Deputy Governors.
  • RBI is a statutory body meaning it derives power from an Act passed by the parliament and has no mention in the Constitution.
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