M. Rajeshwar Rao has been reappointed as Deputy Governor of the Reserve Bank of India (RBI). The reappointment is for a period of one year, starting from the 9th of the next month or until further orders, whichever comes earlier.
- This announcement was made by the RBI in a press release from Mumbai.
- Mr. Rao is responsible for overseeing various departments, including Regulation, Communication, Enforcement, Legal, and Risk Monitoring.
- He holds an economics degree and a Master of Business Administration from the University of Cochin.
- Mr. Rao began his career at the RBI in 1984 and has held various positions, including serving as the Banking Ombudsman in New Delhi and working in the RBI’s regional offices in Ahmedabad, Hyderabad, Chennai, and the national capital.
Q.: Which departments does M. Rajeshwar Rao handle in his role as Deputy Governor of RBI?
a) Finance and Accounts
b) Human Resources and Administration
c) Regulation, Communication, Enforcement, Legal, and Risk Monitoring
d) Research and Policy Analysis
Ans : c) Regulation, Communication, Enforcement, Legal, and Risk Monitoring