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      Question

      Which Section of RBI Act, 1934 provides for an empowered

      six-member monetary policy committee (MPC) to be constituted by the Central Government?
      A 45AB Correct Answer Incorrect Answer
      B 45ZB Correct Answer Incorrect Answer
      C 45ZA Correct Answer Incorrect Answer
      D 45AZ Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      Section 45ZB of the amended RBI Act, 1934 provides for an empowered six-member monetary policy committee (MPC) to be constituted by the Central Government.

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