4. Kim Choongsoo

2012 Grade: C

2011 Grade: C

Country: South Korea

Core Inflation: 1.36 Percent

Unemployment: 3.1 Percent

Benchmark Interest Rate: 3 Percent

Kim Choongsoo has been the Governor of the Bank of Korea since 2010. Choongsoo has retained the 'C' grade he received in 2011. The South Korean central bank is Asia's fourth-largest economy's central bank. The bank is criticized for its 'inconsistency' in making monetary decisions while responding to political interests rather than making a decision based on the economy's performance.

5. Duvvuri Subbarao

2012 Grade: C

2011 Grade: B-

Country: India

Core Inflation: 7.0 Percent

Unemployment Rate: 3.8 Percent

Benchmark Interest Rate: 8 Percent

Governor of the Reserve Bank of India (RBI) Duvvuri Subbarao's grade has dropped back to 'C' grade which he received in 2010 after rising to a 'B-' in 2011. India is Asia's third largest economy and it economic growth has slow down to nine-year low of 5.3 percent in the first quarter of the year. RBI growth forecast for 2012 is reduced to 6.5 percent from 7.3 percent. The Central bank attempts for stabilizing the volatile rupee, which hit record lows in May and June, have resulted in being vain.

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