India's New Central Bank Chief Das Says He'll Uphold Autonomy

India's New Central Bank Chief Das Says He'll Uphold Autonomy

Assessment

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Business, Social Studies

University

Hard

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Shaktikanta Das, the new governor of the Reserve Bank of India, aims to uphold the institution's autonomy and credibility. Despite challenges, including past government affiliations, he emphasizes professionalism and consensus-building. His first test will be at an upcoming board meeting where government pressures on bank capital will be discussed.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the reason given for the departure of Shaktikanta Das's predecessor?

Retirement

Political pressure

Personal reasons

Health issues

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What major event did Shaktikanta Das oversee in 2016?

Interest rate hike

Bank merger

Demonetization

Introduction of GST

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the government's stance on bank capital that is causing tension with the RBI?

Increase bank capital

Privatize banks

Maintain current levels

Decrease bank capital

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What approach does Shaktikanta Das believe in for resolving issues?

Following international standards

Ignoring government pressure

Building consensus

Unilateral decision-making

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is expected to be a significant test of Das's leadership?

A new monetary policy

An international conference

The upcoming board meeting

His first public speech