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of <h1>India Appoints Chief Economic Advisor as New RBI Governor for Three-Year Term Starting September 5, 2013.</h1> The Government of India has appointed the Chief Economic Advisor from the Ministry of Finance as the new Governor of the Reserve Bank of India (RBI) for a three-year term, succeeding the current Governor upon the completion of his tenure. The appointee will also serve as Officer on Special Duty at the RBI for three weeks before officially assuming the role on September 5, 2013, to ensure a smooth transition.
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