Correct option is D
The correct answer is (d) Michael Patra
Explanation:
• Dr. Michael Debabrata Patra took charge for an extended term or was re-appointed as the Deputy Governor of the Reserve Bank of India on April 2, 2025.
• He oversees the critical Monetary Policy Department and is a member of the Monetary Policy Committee (MPC).
• Patra is a career central banker who has been with the RBI since 1985.
• He plays a pivotal role in inflation targeting and liquidity management strategies of the central bank.
• The RBI has a total of four Deputy Governors at any given time.
Information Booster:
• The Governor of RBI is currently Shaktikanta Das (or current incumbent in 2025).
• Deputy Governors are appointed by the Appointments Committee of the Cabinet (ACC) based on recommendations from the Financial Sector Regulatory Appointment Search Committee.
Additional Knowledge:
Michael Debroy (Option a)
• Likely a confusion with Bibek Debroy, who was the Chairman of the EAC-PM (Economic Advisory Council to the PM).
Ashwani Bhatia (Option b)
• A former Whole Time Member of SEBI and MD of State Bank of India.
Poonam Gupta (Option c)
• She is the Director General of NCAER and the first woman to lead this institution; she is not an RBI Deputy Governor.
So the correct answer is (d)