How was Raghuram Rajan as a Governor?

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.

Which RBI governor has had the longest tenure?

Sir Benegal Rama Rau, a member of the Indian Civil Service, was the longest serving Governor of the Bank.

Is Raghuram Rajan good?

Raghuram Rajan is a well-meaning economist who is honest about his ideas and has been involved in distinguished public service as RBI governor. It’s unfortunate that he is being accused of partisan politics.

Why is Raghuram Rajan great?

Awards. In 2003, Rajan won the inaugural Fischer Black Prize awarded by the American Finance Association for contributions to the theory and practice of finance by an economist under age 40. In 2014 he was conferred with the “Governor of the Year Award 2014” from London-based financial journal Central Banking.

What is the tenure of RBI governor?

He is the fifth governor to get tenure this long as RBI governors are usually given a five-year term. If completed, Shaktikanta Das will be the longest-serving governor of the central bank after Sir Benegal Rama Rau, who was in office for 7 years and 197 days between July 1, 1949, and January 14, 1957.

How is RBI governor appointed?

The decision was approved by the appointments committee of the cabinet late on Thursday. “The Appointments Committee of the Cabinet has approved the reappointment of Shaktikanta Das as Reserve Bank of India Governor for a period of three years beyond 10.12.

What is the tenure of RBI Governor?

Who was the best RBI governor?

Holding office for over seven years, Sir Benegal Rama Rau was the longest-serving governor, while Amitav Ghosh’s 20-day term is the shortest. The bank’s fifteenth governor, Dr Manmohan Singh, later became India’s thirteenth prime minister….List of governors of the Reserve Bank of India.

Who can be RBI governor?

Shaktikanta Das
Reserve Bank of India/Governors