Question:

Arrange the Governors of RBI who have served in India in chronological order from early to latest:
A. Dr. D. Subba Rao
B. Dr. Manmohan Singh
C. Dr. C. Rangarajan
D. M. Narasimham
E. Shaktikanta Das

Show Hint

M. Narasimham (famous for banking sector reforms) served in the late 1970s, making him the earliest, while Shaktikanta Das is the current Governor. This places D at the start and E at the end.
  • A, C, B, D, E
  • D, A, B, C, E
  • D, B, C, A, E
  • D, C, B, E, A
Show Solution
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The Correct Option is C

Solution and Explanation

Step 1: Understanding the Concept:
Tracking the tenure of the Governors of the Reserve Bank of India (RBI) is important to understand the history of monetary policy reforms in India.

Step 2: Detailed Explanation:

Let us list the exact service periods for the specified RBI Governors:
1. M. Narasimham (D): Served as the 13th Governor of RBI from 2nd May 1977 to 30th November 1977.
2. Dr. Manmohan Singh (B): Served as the 15th Governor of RBI from 16th September 1982 to 14th January 1985.
3. Dr. C. Rangarajan (C): Served as the 19th Governor of RBI from 22nd December 1992 to 21st November 1997.
4. Dr. D. Subba Rao (A): Served as the 22nd Governor of RBI from 5th September 2008 to 4th September 2013.
5. Shaktikanta Das (E): Assumed office as the 25th Governor of RBI on 12th December 2018 and is currently serving.
Thus, the correct chronological order from earliest to latest is D $\rightarrow$ B $\rightarrow$ C $\rightarrow$ A $\rightarrow$ E.

Step 3: Final Answer:

The chronological sequence is D, B, C, A, E, matching Option (C).
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