Correct option is B
The correct answer is: (b) Rajeshwar Rao
Explanation:
M. Rajeshwar Rao was appointed as the Deputy Governor of the Reserve Bank of India (RBI) in October 2020, succeeding N.S. Vishwanathan.
M. Rajeshwar Rao was appointed as the Deputy Governor of the Reserve Bank of India (RBI) in October 2020, succeeding N.S. Vishwanathan.
As Deputy Governor, he is responsible for key departments like Banking Regulation, Financial Stability, Enforcement Department, and Risk Monitoring,
contributing to India's monetary and regulatory framework.
Information Booster:
- M. Rajeshwar Rao’s tenure as Deputy Governor began in October 2020 and he continues to hold this post as of 2025, handling critical functions related to bank regulation and supervision.
- He has been actively involved in strengthening NBFC supervision frameworks, digital banking guidelines, and risk management systems.
- Rao contributes to RBI’s internal committees, such as the Internal Advisory Committee on Prompt Corrective Action (PCA) and Financial Stability Unit.
- As of 2025, he plays a significant role in financial sector reforms, especially in view of emerging digital finance challenges and global regulatory alignment.
Additional Information:
- Hasmukh Adhia – Former Finance Secretary, currently serving as Chairman of Bank of Baroda since 2022, contributing to governance and public sector banking reforms.
- Ashok Lavasa – After serving as Election Commissioner, he joined as Vice President of the Asian Development Bank (ADB) in 2020, where he leads areas related to public management and governance.
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