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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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