RBI Governor & Deputy Governor
Q. Which of the following statements is/are correct about RBI Governor?
1. RBI Governor is appointed for five year.
2. Central government appoints four deputy governors.- Published on 01 Dec 15a. Only 1
b. Only 2
c. Both
d. None
ANSWER: Only 2
- RBI Governor is appointed for four year.
- There are 4 Deputy Governors H R Khan, Dr Urjit Patel, R Gandhi and S S Mundra.
- Two of the four Deputy Governors are traditionally from RBI ranks, and are selected from the Bank's Executive Directors.
- One is nominated from among the Chairpersons of public sector banks and the other is an economist.
- Indian Administrative Service officer can also be appointed as Deputy Governor of RBI and later as the Governor of RBI as with the case of Y. Venugopal Reddy.
