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      Question

      In which of the following section of RBI Act, 1934, the

      central government is empowered to constitute a six-member Monetary Policy Committee (MPC)?
      A Section 45ZB Correct Answer Incorrect Answer
      B Section 46A Correct Answer Incorrect Answer
      C Section 47B Correct Answer Incorrect Answer
      D Section 49C Correct Answer Incorrect Answer
      E Section 52BC Correct Answer Incorrect Answer

      Solution

      Under Section 45ZB of the amended (in 2016) RBI Act, 1934, the central government is empowered to constitute a six-member Monetary Policy Committee (MPC).

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