MPPSC 2023 Prelims Q40: 'Governor of the Year' award at the Central Banking Awards

Q: What is the answer to MPPSC 2023 Prelims Q40?

D. Correct — D, India. Shaktikanta Das, Governor of the Reserve Bank of India (RBI), was named 'Governor of the Year' at the Central Banking Awards 2023, organised by London-based Central Banking Publications, in recognition of RBI's handling of inflation and financial stability.

MPPSC 2023 Prelims Paper-I · Question 40 of 100

Verified against the official question paper. Answer as per the official MPPSC answer key.

'Governor of the Year' award at the Central Banking Awards 2023 was conferred upon the Governor of the central bank of which country?

(a)United States of America
(b)Canada
(c)Indonesia
(d)India

Answer

Why

Correct — D, India. Shaktikanta Das, Governor of the Reserve Bank of India (RBI), was named 'Governor of the Year' at the Central Banking Awards 2023, organised by London-based Central Banking Publications, in recognition of RBI's handling of inflation and financial stability.

Why the others are wrong

(a)United States of America — The US Federal Reserve chair was not the recipient of this specific award in 2023.
(b)Canada — The Bank of Canada's governor was not the recipient of this specific award in 2023.
(c)Indonesia — Bank Indonesia's governor was not the recipient of this specific award in 2023.

Concept

Central Banking Awards are annual awards given by Central Banking (a London-based publication covering central banks and financial regulation) recognising central banks and their governors for policy performance, innovation, and crisis management.

MPPSC current-affairs questions frequently test which country's central bank chief won a specific global award in a given year — students must connect the person (Shaktikanta Das), the institution (RBI), and the country (India) rather than guessing among plausible major economies.

Key facts

Award: 'Governor of the Year', Central Banking Awards 2023
Recipient: Shaktikanta Das, Governor of the Reserve Bank of India (RBI)
Awarding body: Central Banking (Central Banking Publications), based in London
RBI is India's central bank, headquartered in Mumbai

Shaktikanta Das, Governor of the Reserve Bank of India, named 'Governor of the Year' at the Central Banking Awards 2023

Study next

Reserve Bank of India — structure, functions, and GovernorsGlobal central banks and their heads (Fed, ECB, Bank of England, Bank of Japan)Monetary policy tools used to control inflationIndia's inflation-targeting framework (Monetary Policy Committee)International recognitions and awards for Indian public officials

Common traps

Assuming a bigger/more prominent economy (USA) automatically wins such awards
Confusing the Central Banking Awards with other financial recognitions (e.g., Euromoney awards)

MPPSC current-affairs sections regularly test 'who won which international award representing which country' for RBI and other Indian institutional heads — pair the person, institution, and country together.

Related PYQs

No directly related past PYQ was found.

Practice

practice — not a real PYQ
Shaktikanta Das serves as the Governor of which institution?
- (a)SEBI
- (b)Reserve Bank of India
- (c)NITI Aayog
- (d)Finance Commission
Answer(b) Reserve Bank of India.
practice — not a real PYQ
The Reserve Bank of India, India's central bank, is headquartered in:
- (a)New Delhi
- (b)Mumbai
- (c)Kolkata
- (d)Chennai
Answer(b) Mumbai.