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    Question

    How many external members in MPC are nominated by

    central government?
    A 2 Correct Answer Incorrect Answer
    B 1 Correct Answer Incorrect Answer
    C 3 Correct Answer Incorrect Answer
    D 4 Correct Answer Incorrect Answer
    E 5 Correct Answer Incorrect Answer

    Solution

    Out of the six MPC members, the central government appointed three external members to the Monetary Policy Committee (MPC) of the Reserve Bank of India. The other three members are RBI governor who is the chairperson of the committee, the deputy governor in charge of the monetary policy, and one officer of RBI nominated by the central board. Present external members of the MPC – Dr. Shashanka Bhide, Dr. Ashima Goyal, Prof. Jayanth R. Varma

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