Question
Recently RBI has conducted the monetary policy, it has
been given statutory status in the year ____Solution
The Monetary Policy Committee (MPC) constituted by the Central Government under Section 45ZB determines the policy interest rate required to achieve the inflation target. The Reserve Bank’s Monetary Policy Department (MPD) assists the MPC in formulating the monetary policy. Views of key stakeholders in the economy, and analytical work of the Reserve Bank contribute to the process for arriving at the decision on the policy repo rate. The Monetary Policy Committee is a statutory body. The Reserve Bank of India Act 1934 was amended by the Finance Act of 2016. The monetary policy committee has 6 members, headed by the RBI governor
Which of the following is true about the governance structure of Asset Reconstruction Companies (ARCs)?
Under the MSMED Act, 2006, what is the maximum time frame within which an MSME must file a claim for delayed payments with the Facilitation Council?
Which of the following statements are true about the role of SEBI in regulating the Social Stock Exchange?
I. SEBI oversees the registration and ...
P rime Minister Narendra Modi inaugurated initiatives worth nearly Rs 5,000 crore for boosting the agri-economy in which region?
 Foreign Exchange transactions which may expose bank to transaction exposure are
A.   Purchase or Sale of goods in foreign currency
B...
Lenders customarily analyze the creditworthiness of borrower by analysing the 6C’s of Credit, which are:
Which United Nations resolution proclaimed June 27 as Micro, Small and Medium-sized Enterprises Day?
Which of the following is not a major sector that the Gujarat International Finance Tec-City (GIFT City) is expected to serve?
Under marginal costing, which of the following costs will NOT be attributed to the product cost?
The RBI’s Master Direction on KYC was amended in January 2024. Which of the following is a key change in defining Politically Exposed Persons (PEPs)?