B. P. Kanungo

B. P. Kanungo

Question:Recently Central Government has re-appointed which one of the following as Deputy Governor, Reserve Bank of India?
(a) B. P. Kanungo
(b) Urjit Patel
(c) Shaktikant Das
(d) None of the above
Answer:(a)
Related facts:

  • The Central Government has re-appointed B. P. Kanungo as Deputy Governor, Reserve Bank of India for a further period of one year with effect from April 3, 2020.
  • His existing term was ending on April 2, 2020.

B. P. Kanungo:

  • He served as an executive director of the RBI.
  • In April 2017, he was elevated to the post of deputy governor.
  • He is in charge of departments like currency management, payments, and settlement, foreign exchange, internal debt management, among others.
  • He joined the RBI in September 1982.
  • He has worked in several functional areas of the banks such as foreign exchange management, banking & non-banking Supervision, currency management, government and bank accounts, and public debt.

Links:
https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=49608
https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=40039