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Reserve Bank of India said that it will call a special meeting of its Monetary Policy Committee (MPC) soon explaining the reasons for the average retail inflation remaining above the upper tolerance limit of 6% for three consecutive quarters. Constituted by RBI under section 45ZB of the Reserve Bank of India (RBI) Act, 1934. Chaired by the Governor of RBI. Mission: Fixing the benchmark policy interest rate (repo rate) to restrain inflation within the particular target level (2% to 6%). MPC conducts meetings at least 4 times a year. The monetary policy is published after every meeting with each member explaining his opinions.
Who has been appointed as the Chairman of the National Technical Research Organisation (NTRO)?
Which condition must be met by custodian banks to issue IPCs, according to the revised RBI guidelines?
What was the significant finding of the World Bank report regarding India's GDP growth?
Which is the most peaceful country in the world according to the Global Peace Index 2023?
Recently, In order to reach seventeen lakh defense pensioners nationwide, the Defence Ministry has inked an MoU with which two banks?
What is the primary purification technology used in GAIL’s CBG plant in Ranchi?
Which new development scheme in Himachal Pradesh promotes natural farming?
Who released recommendations on "Encouraging Innovative Technologies, Services, Use Cases and Business Models through Regulatory Sandbox in Digital Comm...
Recently PM Narendra Modi inaugurated Jagadguru Shrisant Tukaram Maharaj Shila Mandir in____?
The Defense Minister of India had inaugurated a Siyom Bridge on 3rd January, 2023 at a cost of Rs 724 crore, in which state of India?