In April 2017, who was appointed as the Managing Director and Chief Executive Officer (MD and CEO) of IDBI Bank?

Introduction / Context:
Public sector banking appointments are an important part of banking awareness and general knowledge for many competitive exams. This question asks about the person who took charge as the Managing Director and Chief Executive Officer of IDBI Bank in April 2017. Knowing key appointments, especially in large public sector banks, helps candidates perform well in questions related to financial current affairs and government sector policy changes.

Given Data / Assumptions:
The question gives the following details:
1. The post is Managing Director and Chief Executive Officer of IDBI Bank, a large Indian financial institution.
2. The time frame is April 2017, so we focus on the appointment made in that month.
3. Four options are provided: Kanungo, Mahesh Kumar Jain, Ravi Chander and None.
4. We assume there was a widely reported appointment in that period, and the question expects recall of that specific name.

Concept / Approach:
The concept here is current affairs related to the banking sector. Questions about who took charge as MD and CEO of a given bank test a candidate knowledge of leadership changes and institutional reforms. The approach is to recall that in 2017, IDBI Bank, which was facing asset quality issues, got a new head who was a senior banker and later moved to the Reserve Bank of India as Deputy Governor. Recognising this career path helps to select the correct option among the given names that may sound somewhat similar.

Step-by-Step Solution:
Step 1: Recall which of the listed people are well known in the context of IDBI Bank leadership. Step 2: Kanungo is associated with the Reserve Bank of India as a deputy governor, not as MD and CEO of IDBI Bank in April 2017. Step 3: Ravi Chander is not the name that matched newspaper and official announcements about IDBI Bank leadership in that period. Step 4: Mahesh Kumar Jain, a senior banker, was appointed as the Managing Director and Chief Executive Officer of IDBI Bank in March 2017 and assumed office around April 2017. Step 5: Therefore, the correct answer from the provided options is Mahesh Kumar Jain.

Verification / Alternative check:
To verify, you can remember that later Mahesh Kumar Jain was selected as a Deputy Governor of the Reserve Bank of India, which was widely mentioned together with his earlier role as MD and CEO of IDBI Bank. Many exam capsules from 2017 list him as the person who took charge of IDBI Bank in that year. No such cross-reference appears for the other names in the options, confirming that Mahesh Kumar Jain is the correct choice for this appointment.

Why Other Options Are Wrong:
Kanungo: He became a deputy governor at the Reserve Bank of India and is not recorded as MD and CEO of IDBI Bank in April 2017, so this option is incorrect.
Ravi Chander: This name does not match the official announcements for IDBI Bank leadership in that period and is therefore wrong.
None: This option would imply that no one from the list held the post, which is false because Mahesh Kumar Jain is correctly listed in option B.

Common Pitfalls:
Candidates sometimes confuse appointments across different banks and financial institutions or mix up names of senior bankers who move between posts. Another common mistake is to assume that a person associated with the Reserve Bank of India must have held leadership positions at every major bank, which is not always true. It is important to carefully link each name with the correct institution and year. Reading reliable monthly current affairs revisions and making short notes of key appointments can help avoid such confusion during the exam.

Final Answer:
The Managing Director and Chief Executive Officer of IDBI Bank appointed in April 2017 was Mahesh Kumar Jain.