Question
Consider the following statements with reference to the
Monetary Policy Committee (MPC): I. It is Constituted by RBI under the Reserve Bank of India (RBI) Act, 1934. II. It is Chaired by the Governor of RBI. III. MPC conducts meetings at least 3 times a year. Which of the following statements is/are not correct?Solution
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. Â
Select the correct spelling of the word.
A. Berbaric
B. Burbaric
C. Bueberic
D. BarbaricÂ
E. None of the aboveÂ
1) Hidious
2) Mesmarise
3) Depriciation
4) Credential
Four words are given, out of which only one word is spelt correctly. Choose the correctly spelt word.
Select the correct spelling of the word.
A. Tranquilize Â
B. Trenquilise Â
C. Tranqeilize Â
D. Tranquelise Â
...
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