25th governor of RBI of india?
Answers
Shri Shaktikant Das is the 25 governor Of RBI
Explanation:
Answer:
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Explanation: Shri Shaktikanta Das
Shri Shaktikanta Das, IAS Retd., former Secretary, Department of Revenue and Department of Economic Affairs, Ministry of Finance, Government of India assumed charge as the 25th Governor of the Reserve Bank of India effective December 12, 2018. Immediately prior to his current assignment, he was acting as Member, 15th Finance Commission and G20 Sherpa of India.
Shri Shaktikanta Das has vast experience in various areas of governance in the last 38 years. Shri Das has held important positions in the Central and State Governments in the areas of Finance, Taxation, Industries, Infrastructure, etc.
During his long tenure in the Ministry of Finance, Government of India, he was directly associated with the preparation of as many as 8 Union Budgets. Shri Das has also served as India’s Alternate Governor in the World Bank, Asian Development Bank (ADB), New Development Bank (NDB) and Asian Infrastructure Investment Bank (AIIB). He has represented India in international fora like the IMF, G20, BRICS, SAARC, etc.
Shri Shaktikanta Das is a postgraduate from St. Stephen’s College, Delhi University.
As an IAS officer
Das served in various positions for both the Government of India and the Government of Tamil Nadu, like as Principal Secretary (Industries), Special Commissioner (Revenue), Secretary (Revenue), Secretary (Commercial Taxes), the project director of Tamil Nadu State AIDS Control Society and as the district magistrate and collector of Dindigul and Kancheepuram districts in the Tamil Nadu government; and as Union Economic Affairs Secretary, Union Revenue Secretary, Union Fertilizers Secretary, special secretary in the Department of Economic Affairs of the Ministry of Finance and as a joint secretary in the Department of Expenditure of the Ministry of Finance in the Indian government.
Das also had a stint with Mahindra Industrial Park Ltd (Mahindra World City), on deputation to a private sector company under Rule 6(2)(ii) of the Indian Administrative Service (Cadre) Rules, 1954.
Revenue Secretary
Das was appointed Union Revenue Secretary by the prime minister-led-Appointments Committee of the Cabinet (ACC) in June 2014, he assumed the office of Secretary on 16 June 2014, and demitted it on 31 August 2015.
Economic Affairs Secretary
Das was appointed Union Economic Affairs Secretary by the ACC in August 2014, he assumed the office of Secretary on 31 August 2015,and admitted it and simultaneously superannuated from service on 28 May 2017, after being given a three-month extension by the government.
During his tenure as Union Economic Affairs Secretary, Das was widely regarded as one of the most powerful civil servants in India.
Post retirement
Post his retirement from the IAS, Das was appointed a member of the Fifteenth Finance Commission by the ACC. In addition, he was appointed as India's Sherpa to the G20 by the ACC. In December 2018, on his appointment as the governor of the Reserve Bank of India, Das resigned from his position in the Fifteenth Finance Commission.
Governor of Reserve Bank of India
Das was appointed Governor of the Reserve Bank of India by the ACC on 11 December 2018 for a period of three years, replacing Urjit Patel who had resigned the day before.
Das' appointment as RBI governor received mostly positive responses, with DBS Bank's head of markets for India at Singapore, Ashish Vaidya, saying that previous governors of the RBI with an IAS background, such as Y. Venugopal Reddy and Duvvuri Subbarao, had been successful and that Das' "cordial relations with the government [...] [would] likely help policy negotiations." S. S. Mundra, a former deputy governor of the RBI, said Das was a "good and balanced choice" for RBI governorship and had "a good understanding of the whole of the financial sector both from the ministry and also in his interactions with the RBI." A former Governor of the Reserve Bank of India C. Rangarajan, said Das had "experience in economic affairs" and would "make a good governor". Gaurav Shah, a senior vice president at Geojit Financial Services, said "a name like Shaktikanta Das carries track record, experience, credentials, credibility and respect along with him.
On the other hand, Nobel laureate and professor at the Massachusetts Institute of Technology, Abhijit Banerjee, said Das' appointment posed a lot of "frightening" questions on governance of autonomous public institutions.[30] Subramanian Swamy, a member of the Bharatiya Janata Party, the largest party of the ruling National Democratic Alliance coalition, and a nominated member of the Rajya Sabha (Council of the States), criticised Das, calling him a "corrupt person" at an event at the Indian School of Business in Hyderabad.