Question

The Reserve Bank of India Governor is

• A. Bimal Jain
• B. Y. V. Reddy
• C. Deepal Parekh
• D. Naresh Chandra

Answer 1

The Correct Option is B

Step 1: Understand the question
The question is: “The Reserve Bank of India Governor is …” and we need to choose the correct person. The correct option provided is Y. V. Reddy.

Step 2: Background information
Yaga Venugopal Reddy, commonly known as Y. V. Reddy, served as the Governor of the Reserve Bank of India (RBI). He took office in September 2003 and continued until September 2008. His tenure was marked by a cautious and conservative approach to banking reforms, monetary policy, and financial regulation, which later helped India withstand the global financial crisis of 2008 better than many other nations.

Step 3: Why this is correct
During the time frame referred to in the question, Y. V. Reddy was indeed the RBI Governor. He played a crucial role in maintaining economic stability, controlling inflation, and guiding India’s monetary policy. His policies earned him recognition both nationally and internationally.

Step 4: Final justification
Therefore, the correct name to fill in the blank for the Governor of the Reserve Bank of India in this context is Y. V. Reddy.

Final Answer: The correct option is (B) Y. V. Reddy.