Central Board of Reserve Bank of India approves Rajeev Ranjan as MPC member

Central Board of Reserve Bank of India approves Rajeev Ranjan as MPC member

Daily Current Affairs   /   Central Board of Reserve Bank of India approves Rajeev Ranjan as MPC member

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Category : Appointment/Resignation Published on: May 06 2022

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  • The Reserve Bank of India’s central board approved the nomination of Rajiv Ranjan as a member of the monetary policy committee.
  • Ranjan replaces Mridul Saggar, who retired last month.
  • Ranjan was an advisor in-charge in the monetary policy department, before he was elevated as an executive director.
  • Ranjan has a master’s degree from Delhi School of Economics and a PhD from Mumbai University. 
  • Ranjan will be a part of the monetary policy review meeting next month, scheduled between 6-8 June.
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