Question
Executive Director Dr. Rajiv Ranjan is appointed as the
MPC’s third (ex-officio) internal member in May, 2022. Whom from MPC’s committee did he replace?Solution
The Reserve Bank of India’s central board approved the nomination of Rajiv Ranjan as a member of the monetary policy committee in May. Mr. Ranjan replaces Mridul Saggar, who retired in Apr.
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