Revenue Secretary Sanjay Malhotra appointed as the new Governor of RBI

Current Context: On December 9, 2024, Sanjay Malhotra was appointed as the new Governor of the Reserve Bank of India (RBI), succeeding Shaktikanta Das.

• Malhotra, a 1990-batch Indian Administrative Service (IAS) officer from the Rajasthan cadre, brings over 33 years of experience across finance, taxation, power, information technology, and mining.
• He holds degrees in Computer Science Engineering from IIT Kanpur and a Master’s degree in Public Policy from Princeton University.
• Malhotra will serve a three-year term starting from December 11, 2024.

Question:

1 Who has been appointed as the new Governor of the Reserve Bank of India (RBI) on December 9, 2024?

• A) Sanjay Malhotra
• B) Shaktikanta Das
• C) Urjit Patel
• D) Raghuram Rajan

Answer: A) Sanjay Malhotra was appointed as the new Governor of the RBI on December 9, 2024, succeeding Shaktikanta Das.