Notes: The Government of India (GoI) has recently appointed three part-time non-official directors on the Central Board of the Reserve Bank of India (RBI) for a 4-year term. These are – Dr. Rajiv Kumar, Dr. Ashok Gulati and Manish Sabharwal. This central Board of directors is responsible for governing the affairs of RBI. The board is appointed by the Union Government. There are five official directors — Governor and not more than four deputy governors. Besides, the government nominates 16 non-official directors on the board. Ten are nominated from different fields, two are government officials and one director each from the four local boards.