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Question

Who took over as the Deputy Governor of the Reserve Bank of India in May 2025?

The correct answer is

Dr. Poonam Gupta 

Dr. Poonam Gupta

She was appointed as the Deputy Governor of the Reserve Bank of India in May 2025.

She is an economist with experience in macroeconomics and policy research.

She replaced Michael Patra.

Her appointment was approved by the Appointments Committee of the Cabinet.

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Important Questions from RBI

  1. Which of the following statements is/are correct regarding the Monetary Policy Committee (MPC)? 

    1. It decides the RBI's benchmark interest rates. 

    2. It is a 12-member body including the Governor of RBI and is reconstituted every year. 

    3. It functions under the chairmanship of the Union Finance Minister. 

    Select the correct answer using the code given below:

  2. The terms ‘Marginal Standing Facility Rate’ and ‘Net Demand and Time Liabilities’, sometimes appearing in news, are used in relation to

  3. In the context of Indian economy; which of the following is/are the purpose/purposes of ‘Statutory Reserve Requirements’? 

    (1) To enable the Central Bank to control the amount of advances the banks can create 

    (2) To make the people’s deposits with banks safe and liquid 

    (3) To prevent commercial banks from making excessive profits 

    (4) To force the banks to have sufficient vault cash to meet their day-to-day requirements 

    Select the correct answer using the code given below.

  4. If the interest rate is decreased in an economy, it will

  5. The lowering of Bank Rate by the Reserve Bank of India leads to:

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