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How did Raghuram Rajan became Governor of RBI?

How did Raghuram Rajan became Governor of RBI?

In 2008, then Prime Minister Manmohan Singh appointed Rajan as an honorary economic adviser. From there, Rajan became the Chief Economic Adviser to the government of India. He was highly praised for his policy recommendations and, as a result, appointed RBI Governor in 2013.

How did Raghuram Rajan become an economist?

Back in 2008, he was appointed as an honorary economic adviser by Dr. Manmohan Singh. He then became the Chief Economic Adviser to India’s Finance Ministry. His policy recommendations were highly praised and as a result, Rajan was appointed as the Governor of RBI in 2013.

How can I become RBI Governor?

Initially, RBI Governors were a part of Indian Civil services like C D Deshmukh, Bengal Rama Rao etc. but any individual who holds a Graduate degree/ Post Graduate/ Chartered Accountant can become a Governor of RBI provided that he had worked in any of the following institutions: ➤ IMF/ World Bank.

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Who is RBI first governor?

Sir Osborne Smith
Sir Osborne Smith was the first Governor of the Reserve Bank. A professional banker, he served for over 20 years with the Bank of New South Wales and 10 years with the Commonwealth Bank of Australia before coming to India in 1926 as a Managing Governor of the Imperial Bank of India.

When did RBI governor changed?

(TN:80) as Governor, Reserve Bank of India for a period of three years beyond 10.12. 2021 or until further orders, whichever is earlier,” read the order. Mr Das was appointed as RBI’s 25th governor on December 11, 2018 for a period of three years, after the then governor Urjit Patel resigned before the end of his term.

Who is the RBI governor?

Shaktikanta Das
Reserve Bank of India/Governors
Shri Shaktikanta Das, IAS Retd., former Secretary, Department of Revenue and Department of Economic Affairs, Ministry of Finance, Government of India assumed charge as the 25th Governor of the Reserve Bank of India effective December 12, 2018.

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Who was RBI governor before Raghuram Rajan?

List of Governors of the Reserve Bank of India

No. Officeholder Term end
20 Bimal Jalan 6 September 2003
21 Y. Venugopal Reddy 5 September 2008
22 D. Subbarao 4 September 2013
23 Raghuram Rajan 4 September 2016