Question
Download Solution PDFRaghuram Rajan was the former ______ of India.
This question was previously asked in
Maha TAIT Official Paper (Held On 12 Dec 2017 Shift 1)
Answer (Detailed Solution Below)
Option 4 : None of these
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MAHA TAIT Reasoning Intelligence (बुद्धिमत्ता) Sectional Test 1
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30 Questions
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Detailed Solution
Download Solution PDFThe 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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