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The first Governor of RBI was ________.
Question

The first Governor of RBI was ________.

A.

Sir CD Deshmukh

B.

Sir Osborne Smith

C.

HVR Iyengar

D.

NC Sen Gupta

Correct option is B


The correct answer is (b) Sir Osborne Smith.
· Sir Osborne Smith was the first Governor of the Reserve Bank of India (RBI), serving from April 1, 1935, to June 30, 1937.
· He was an Australian banker and brought significant banking experience from his previous roles in various banks.
· During his tenure, he focused on establishing a sound banking system in the newly formed RBI and laid down the foundation for India's central banking operations.
Information Booster:
· Sir CD Deshmukh: He was the first Indian Governor of the RBI, serving from 1943 to 1949. He played a crucial role in the RBI's post-independence era.
· HVR Iyengar: He served as the Governor of RBI from 1957 to 1962. His tenure was marked by efforts to control inflation and stabilize the economy.
· NC Sen Gupta: He served as the Governor of RBI for a brief period in 1975. He was known for his contributions to monetary policy.

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