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BANKING & FINANCE RBI

Reserve Bank of India Names Ravi Shankar as New Executive Director

The Reserve Bank of India (RBI) has appointed Ravi Shankar as its new Executive Director (ED).
In this role, Shankar will lead the Department of Statistics and Information Management (DSIM).
This appointment is critical for managing monetary policy databases and national macroeconomic data architecture.

Key Facts / Static GK

The Reserve Bank of India (RBI) was established on April 1, 1935, under the RBI Act of 1934.
The headquarters of the Reserve Bank of India is in Mumbai.

Practice Quiz — 2 July 2026

Q1. Who has recently assumed charge as the Chairman and Managing Director (CMD) of Hindustan Copper Limited (HCL)?

Q2. The Appointments Committee of the Cabinet (ACC) has approved a one-year tenure extension for which of the following Foreign Secretaries of India?

Q3. Ravi Shankar has been appointed as the Executive Director (ED) of which organization, where he will oversee the Department of Statistics and Information Management (DSIM)?

Q4. Consider the following statements regarding the newly launched Viksit Bharat-Guarantee for Rozgar and Aajeevika Mission (Gramin) [VB-G RAM G] Act, 2025: (1) It replaces the MGNREGA Act, 2005. (2) It guarantees 125 days of wage employment annually per eligible rural household. (3) The Central Government has set the national floor wage under this scheme at 350 rupees per day. Which of the statements given above are correct?

Q5. What was India's gross Goods and Services Tax (GST) revenue collection for the month of June 2026?

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