Question
Who has been reappointed as the Deputy Governor of the
Reserve Bank of India (RBI) in October 2024?Solution
The Appointments Committee of the Cabinet, led by Prime Minister Narendra Modi, approved the reappointment of M. Rajeshwar Rao as the Deputy Governor of the RBI for an additional year starting from 9th October 2024. Rao, who began his career at the RBI in 1984 and was elevated to Executive Director in 2016, first assumed the Deputy Governor role in October 2020.
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