Question
What is the full form of MPC that is entrusted with the
task of fixing the benchmark policy rate?Solution
The Reserve Bank of India Act, 1934 (RBI Act) has been amended by the Finance Act, 2016, to provide for a statutory and institutionalized framework for a Monetary Policy Committee, for maintaining price stability, while keeping in mind the objective of growth. The Monetary Policy Committee would be entrusted with the task of fixing the benchmark policy rate (repo rate) required to contain inflation within the specified target level.
What is it called when you restart a computer by turning off the power and turning it back on?
Expansion cards are inserted into
According to SEBI’s proposed regulations, how many investors are allowed in a private placement of SDIs before it is classified as a public issue?
The Uttar Pradesh government has hiked dearness allowance (DA) for its employees and dearness relief to its pensioners by _____ from January 1, 2023.
Who is known as father of Internet?
The process of converting waste into reusable material is called:
In which of the following topology computers and devices are connected to a closed loop cable?
The pathway for transferring instructions between the processor and memory is _______.
MICR code, is a technology used mainly by the banking industry to ease the processing and clearance of cheques and other documents. In MICR what does 'C...
What is the primary function of Recycle Bin?
Relevant for Exams:
