Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

General Knowledge

Question:

Who among the following was the first Indian Governor of the Reserve Bank of India?

Options:

KC Neogy

CD Deshmukh

Liaquat Ali Khan

Morarji Desai

Correct Answer:

CD Deshmukh

Explanation:

The correct answer is Option (2) → CD Deshmukh

C. D. Deshmukh was the first Indian Governor of the Reserve Bank of India (RBI), serving from August 1943 to June 1949. He played a significant role in shaping India's monetary policies during a crucial period of transition from British rule to independence. Deshmukh's tenure saw efforts to stabilize the Indian economy, including the introduction of the rupee as the national currency and the establishment of the RBI as the central banking authority. He also contributed to the development of India's financial institutions and regulatory frameworks, leaving a lasting impact on the country's banking and economic landscape.