RBI 2nd largest buyer of Gold

RBI 2nd largest buyer of Gold

Question : Who is current Governor of RBI ?
a) I. G. Patel
b) Shaktikanta Das
c) Urjit Patel
d) Y. Venugopal Reddy
Ans :b
Related Facts :

  • The Reserve Bank of India (RBI) emerged as the second largest buyer of gold among the world’s Central Banks in 2021.
  • The largest buyer, the Central Bank of Thailand, bought 90 metric tonnes of gold while RBI bought 77.5 metric tonnes taking its total gold reserve to 754.1 tonnes at the end of December 2021
  • India’s official gold reserves is ninth largest in the world.
  • History of RBI:
  • The Reserve Bank of India was set up on April 1, 1935.
  • It is one of the few central banks to document its institutional history.
  • The Central Office of the Reserve Bank was initially established in Kolkata but was permanently moved to Mumbai in 1937.
  • since nationalisation in 1949, the Reserve Bank is fully owned by the Government of India.
  • Shri Shaktikanta Das is current Governor of RBI.

By Pawan Mishra

Links:
https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=12180&Mode=0