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    Question

    Recently RBI hiked Repo Rate in its MPC meeting by 50

    bps, how many members are there in MPC Committee?
    A 4 Correct Answer Incorrect Answer
    B 6 Correct Answer Incorrect Answer
    C 8 Correct Answer Incorrect Answer
    D 9 Correct Answer Incorrect Answer
    E 11 Correct Answer Incorrect Answer

    Solution

    6 Member - Dr. Shashanka Bhide, Honorary Senior Advisor, National Council of Applied Economic Research, Delhi; Dr. Ashima Goyal, Emeritus Professor, Indira Gandhi Institute of Development Research, Mumbai; Prof. Jayanth R. Varma, Professor, Indian Institute of Management, Ahmedabad; Dr. Mridul K. Saggar, Executive Director (the officer of the Reserve Bank nominated by the Central Board under Section 45ZB(2)(c) of the Reserve Bank of India Act, 1934); Dr. Michael Debabrata Patra, Deputy Governor in charge of monetary policy – and was chaired by Shri Shaktikanta Das, Governor.

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