Who has been appointed as the Executive Director of the Reserve Bank of India in December 2020?

Correct option is D

The correct answer is:(D) Rohit Jain

Explanation:

• Rohit Jain was appointed as an Executive Director (ED) of the Reserve Bank of India (RBI) in December 2020.

• Prior to his appointment, he served as the Chief General Manager (CGM) in charge of the Department of Supervision at the RBI.

• As an ED, he oversees the Department of Supervision (Risk, Analytics, and Vulnerability Assessment), which is responsible for monitoring and assessing the financial health and risks associated with banks and financial institutions.

Information Booster:

• The Department of Supervision plays a crucial role in ensuring the stability and soundness of the banking system in India by conducting regular inspections and assessments.

• Under his leadership, the department focuses on enhancing risk management practices and implementing effective supervisory frameworks to address emerging challenges in the financial sector.