RBI appoints Deepak Kumar as new Executive Director | Daily Current Affairs Dose

RBI appoints Deepak Kumar as new Executive Director | Daily Current Affairs Dose

Dear Aspirants, EducationBro is here with a Daily Current Affairs Dose. In this session, we will make the candidates aware of the daily current affairs topics, which will improve their general awareness, while also taking care that the candidates should not have any shortage of trending current affairs related to any country and abroad. Today’s Current Affairs topic is RBI appoints Deepak Kumar as new Executive Director.

Our Daily Current Affairs Dose 2021 will help you to crack the General Awareness section of Banking Insurance SSC Railway UPSC and all government jobs exams.

RBI appoints Deepak Kumar as new Executive Director | Daily Current Affairs Dose

The Reserve Bank of India (RBI) has appointed Dr. Deepak Kumar as new Executive Director (ED) with effect from January 03, 2022.

Prior to being promoted as Executive Director (ED), Dr. Deepak Kumar was heading the Department of Information Technology of the Reserve Bank of India.

About Dr. Deepak Kumar new Executive Director (ED) of RBI

Dr. Deepak Kumar has, over a span of three decades, worked in RBI’s Central Office Departments covering policy making and project management functions in the areas of information technology, cyber security, payment systems, currency management, human resource management, banking supervision, foreign exchange management.

Read Also: RBI appoints Ajay Kumar Choudhary as new Executive Director | Daily Current Affairs Dose

As Executive Director, Dr. Deepak Kumar will look after Foreign Exchange Department, Department of Communication and Deposit Insurance and Credit Guarantee Corporation, which is a wholly owned subsidiary of the RBI.

Read Also: Alka Mittal appointed as first ever female Chairman, MD of ONGC | Daily Current Affairs Dose

Dr. Deepak Kumar holds a Ph.D. on the subject ‘Impact of Computerisation on Banking Industry during Nineties - an Evaluation’. He is a Post Graduate Diploma in International Marketing from Delhi School of Economics, besides having earned professional qualifications including Certified Associate of Indian Institute of Banking and Finance (CAIIB).(inp:rbi)

Important facts for upcoming exams from the above Current Affairs Topic

• Establishment of Reserve Bank of India (RBI): 1 April 1935
• Headquarters of RBI: Mumbai, Maharashtra, India
• Governor of RBI: Shaktikanta Das
• Deputy Governor of RBI: Mahesh Kumar Jain, Dr. M. D. Patra, M. Rajeshwar Rao and T. Rabi Sankar
• Ownership of RBI: Ministry of Finance , Government of India

Current Policy Rates

• Policy Repo Rate: 4.00%
• Reverse Repo Rate: 3.35%
• Marginal Standing Facility Rate: 4.25%
• Bank Rate: 4.25%

Current Reserve Ratio

• CRR: 4.00%
• SLR: 18.00%