Who is the Governor of Reserve Bank of India?

General Knowledge & Current Affairs ·Previously asked in JKSSB Constable (Executive / Armed / IRP / SDRF) 2016

View the full solved paper: J&K Police Constable 2016 - Set A

Question

Who is the Governor of Reserve Bank of India?

  1. A. Raghuram Rajan (Correct answer)
  2. B. S.S. Mundra
  3. C. Arun Jaitley
  4. D. R. P. Watal

Correct Answer

Option A — Raghuram Rajan

Detailed Solution & Explanation

The correct answer is Raghuram Rajan.

Key Points

  • Dr Raghuram Rajan was the 23rd Governor of the Reserve Bank of India, serving from September 2013 to September 2016 — the office-holder when this paper was set in March 2016.
  • Arun Jaitley was then the Union Finance Minister, not the RBI Governor.

Additional Information

  • This is a time-bound question, correct for March 2016 only; it should not be revised as a current fact.
  • Rajan had earlier been Chief Economist of the IMF, and is noted for warning of the risks that preceded the 2008 financial crisis.
  • His tenure introduced inflation targeting and the Asset Quality Review that exposed the scale of banks' non-performing assets. The RBI was established in 1935; its first Indian Governor was C.D. Deshmukh.

Topics covered: Economy Current Affairs