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| IMF DIRECTOR (5) |
This story relates to the visit, in February 1958, to R B I of the Managing Director of the I M F — the noted Swedish banker Per Jacobsson. When he was leaving for Delhi, Governor H.V.R. Iengar and Shri V.G. Pendharkar went to the airport to see him off. Jacobsson was tall and quite a hefty person.
As he walked towards the plane, an Air-India Boeing 707, Governor Iengar asked Pendharkar how much he thought Jacobsson weighed. Pendharkar said, about 175 pounds. Iengar said, NO, he was much more than that.
And just when Jacobsson entered the plane one of its tyres blew, as if to protest the heavy weight thrust upon it without warning, Iengar said, “My God ! Look what has happened. Even the plane has sunk under his weight!”.