Arrange the following RBI Governors in the correct chronological order of their tenure (from earliest to latest):
1. Dr. Y. V. Reddy
2. Dr. D. Subbarao
3. Dr. Urjit R. Patel
4. Shri Sanjay Malhotra
Show answer & explanation
Correct answer: D
Explanation
The correct answer is Option 4 (1, 2, 3, 4).
Detailed Analysis & SolutionDr. Y. V. Reddy (2003–2008): He served as the 21st Governor. He is famously credited with insulating the Indian banking system from the global sub-prime crisis of 2008 through conservative regulatory policies.
Dr. D. Subbarao (2008–2013): The 22nd Governor. His tenure was marked by the aftermath of the global financial crisis and the challenge of high inflation in India.
Dr. Urjit R. Patel (2016–2018): The 24th Governor (following Dr. Raghuram Rajan). His tenure saw the historic Demonetization of 2016 and the formal implementation of the Inflation Targeting framework.
Shri Sanjay Malhotra (2024–Present): He was appointed as the 26th Governor of the RBI in December 2024 (taking over from Shaktikanta Das). As of early 2026, he is the sitting Governor of the RBI.
Key Facts for General AwarenessPotential Competition QuestionsQ1. Which of the following is NOT an All-India Service?
Answer: Indian Foreign Service
Q2. The Indian Forest Service (IFoS) was established as the third All-India Service in which year?