Question

As per the RBI Act 1934, when are the minutes of the proceedings of the meeting being published?

A On 14th day of meeting Correct Answer Incorrect Answer
B On 13th day of meeting Correct Answer Incorrect Answer
C On 15th day of meeting Correct Answer Incorrect Answer
D On 20th day of meeting Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

According to Section 45ZL of the Reserve Bank of India Act, 1934, the bank will publish, on the fourteenth day after every meeting of the Monetary Policy Committee.

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