Till 20th Oct who was RBI governor?
VerifiedAnswer: Shaktikanta Das
Explanation:
Shaktikanta Das served as the Governor of the Reserve Bank of India (RBI) until October 20th, marking the end of his significant tenure at the helm of India's central banking institution. He was appointed to this prestigious position on December 12, 2018, following the completion of Urjit Patel's term.
Das brought extensive experience in economic policy and governance to the RBI Governor's office. Before his appointment, he served as Economic Affairs Secretary in the Ministry of Finance, where he played a crucial role in implementing major economic reforms including the Goods and Services Tax (GST) and demonetization in 2016.
During his tenure as RBI Governor, Das navigated several challenging periods including the COVID-19 pandemic's economic impact, inflation management, and maintaining financial stability. His leadership was particularly notable during the pandemic when the RBI implemented various monetary policy measures to support economic recovery and ensure adequate liquidity in the banking system.
The RBI Governor position is one of the most important roles in India's financial ecosystem, responsible for monetary policy formulation, banking regulation, and maintaining price stability. Das's tenure was marked by a balanced approach to monetary policy, focusing on supporting economic growth while keeping inflation within the targeted range of 2-6 percent, with a median target of 4 percent.
