Question
Which of the following statements is/are incorrect
regarding the Monetary Policy Committee (MPC)? I.           It decides the RBI’s benchmark interest rates. II.           It is a 12-member body including the Governor of RBI and is reconstituted every year. III.           It functions under the chairmanship of the Union Finance Minister.Solution
Explanation: It is a 6 member body including the Governor of RBI and it functions under the chairmanship of The Governor of RBI.
What is the ratio whose terms differ by 25 and the measure of which is 2/7?
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