RBI appoints Sudarshan Sen as Executive Director

Q.  RBI has appointed whom as the Executive Director on July 5, 2016?
- Published on 07 Jul 16

a. Sudarshan Sen
b. NS Vishwanathan
c. MS Swaminathan
d. None of the above

ANSWER: Sudarshan Sen
 
RBI has appointed Sudarshan Sen as an executive director in place of NS Vishwanathan elevated as Deputy Governor at the central bank.
  • Sen will take care of Banking Regulation, Department of Cooperative Bank Regulation and Department of Non Banking Regulation.
  • Sen was a career central banker and has long association with bank supervision and regulation.
  • He was also in charge of the Department of Banking Regulation.
  • He served as Regional Director of Ahmedabad office of the RBI and holds an MBA in International banking and Financing from UK’s University of Birmingham.
  • RBI is involved in the printing of currency notes while coins are minted by GoI.
  • RBI is the central bank with current governor Raghuram Rajan set to retire in September 2016.

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