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Shaktikanta Das: 25th Governor of RBI

Published on December 12, 2018
India's former economic affairs secretary and current member of the Finance Commission Shaktikanta Das is to be appointed as next RBI Governor.
Shaktikanta Das: 25th Governor of RBI
  • He will be the 25th Governor of the apex bank of the country.

About Shaktikanta Das:

  • Shaktikanta Das is a 1980 batch IAS officer of Tamil Nadu Cadre and a very prominent bureaucrat who served under both NDA and UPA governments.
  • He served as economic affairs secretary from 2015 to 2017; and was a key official in both big economic moves of the government viz. demonetisation and implementation of GST.
  • Appointment committee of cabinet approved Shaktikanta Das's appointment as RBI governor. 
  • He will serve as governor for a term of three years.

One must know:

  • Shaktikanta Das has been appointed as the 25th governor of RBI after the resignation of Urijit Patel.
  • Urijit Patel resigned due to personal reasons. 
  • His tenure as RBI governor was about to complete in September 2019.
  • Patel has become the fourth RBI to step down before end of term.
  • Before him, Sir Osborne Smith, Benegal Rama Rau and S Jagannathan had resigned before completion of their respective tenures.

Question:

Q. Who will be the 25th Governor of RBI?
a. Shashikanta Das
b. Shaktikanta Das
c. Shantikanta Das
d. None of the above
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