Jamia Journal Independent Student-run News Website of Jamia Millia Islamia (a Central University)
According to a Jamia press release, Vice Chancellor Najeeb Jung has been appointed to the central board of the Reserve Bank of India (RBI).
The Reserve Bank of India, as the central banking institution of India, controls the monetary policy of the country and also maintains the country’s reserves.
The Central Board is the apex body of the RBI.
The general superintendence and direction of the Reserve Bank of India is entrusted to the Central Board of Directors.
Jung is reported to have said, “It is indeed an honor that I have been entrusted with this huge responsibility.”
