1) Dr. Urjit Patel, an economist, is slated to succeed Dr. Raghuram Rajan as the new Governor of RBI. Which of the following statements is incorrect with respect to Dr. Urjit Patel?
a) He will be the 8th Deputy Governor to be promoted as central bank chief.
b) Presently, he is the Deputy Governor in RBI in charge of monetary policy.
c) He is the architect of new monetary policy framework for flexible inflation targeting in India.
d) He will be the 21st Governor of RBI.
2) Who of the following authorities is not the member of the Appointments Committee of the Cabinet (ACC) that recently announced the appointment of the new RBI Governor?
a) Prime Minister of India
b) Union Home Minister of India
c) Union Finance Minister of India
d) All of the above are members of ACC.
Answers
1) d, Dr. Urjit Patel will be the 24th Governor of RBI.
2) c , Financial Sector Regulatory Appointments Committee (FSRASC), headed by the Cabinet Secretary recommends the names to ACC for its consideration.
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