Solution:The RBI established by the British Government in 1935, is the highest monetary authority of the nation.The first governor of RBI was a British Banker, "Sir Osborne Smith" and first Indian Governor of RBI was C.D. Deshmukh.
Shaktikanta Das, an IAS Retd. former Secretary, Department of Revenue and Department of Economic Affairs, Ministry of Finance, Government of India assumed charge as the 25th governor of the RBI Effective from December 2018.