Queation: Recently who has been appointed as the Executive Director by Reserve bank of India(RBI)?
(a) G. Mahalingam
(b) Urjit Patel
(c) M Rajeshwar Rao
(d) None of the above
Ans: (c)
Related facts:
- On 7 November 2016 Reserve Bank of India has appointed M. Rajeshwar Rao as the Executive Director consequent upon G. Mahalingam taking voluntary retirement from the Reserve Bank.
- As Executive Director, Rajeshwar Rao will look after Department of Statistics and Information Management, Financial Markets Operation Department and International Department.
- Prior to taking over as the Executive Director, Rajeshwar Rao was the Chief General Manager, Financial Markets Operations Department.
- Rajeshwar Rao has a Bachelor of Arts in Economics and a Master of Business Administration from University of Cochin.
- He is also a Certificated Associate of Indian Institute of Bankers.
- Rajeshwar Rao joined the Reserve Bank in 1984 and as career central banker has exposure in various aspects of central bank functioning.
- He has previously held charge of the Risk Monitoring Department. He has also worked as the Banking Ombudsman, New Delhi and in the Reserve Bank’s regional offices at Ahmedabad, Hyderabad, Chennai and New Delhi.
Reference:
https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=38505