Explanation: The Reserve Bank of India (RBI) is the central banking institution of India, established in 1935. It plays a pivotal role in the Indian financial system, responsible for formulating and implementing monetary policy, issuing currency, and maintaining the stability of the financial system. The RBI is governed by a central board of directors, with the Governor being the highest-ranking official.
The Governor of the RBI is appointed by the Government of India and holds a significant position in the country's economic landscape. The Governor is responsible for leading the RBI in its various functions, including monetary policy formulation, regulation of the banking sector, and ensuring the stability of the financial system. The Governor also represents the RBI in various national and international forums.
Shaktikanta Das, the current Governor of the RBI, assumed office on December 12, 2018. He succeeded Urjit Patel, who served as the Governor from September 4, 2016, to December 5, 2018. Prior to his appointment as the Governor, Shaktikanta Das held several high-ranking positions in the Indian government, including the Secretary to the Government of India in the Department of Economic Affairs and the Secretary to the Government of India in the Department of Financial Services.
The role of the Governor of the RBI is crucial in shaping the country's monetary policy and ensuring the stability of the financial system. The Governor works closely with the Government of India, the Ministry of Finance, and other stakeholders to address economic challenges and promote financial stability. The Governor also plays a key role in the RBI's efforts to modernize the Indian financial system and promote financial inclusion.
In conclusion, the correct answer to the question "Governor, Reserve Bank of India is-" is Shaktikanta Das. It is important to keep track of such information as it pertains to the governance and leadership of the central banking institution in India, which has a significant impact on the country's economic policies and financial stability.