Question

How many members constitute the Monetary Policy Committee (MPC), responsible for formulating monetary policy in India?

A 4 Correct Answer Incorrect Answer
B 5 Correct Answer Incorrect Answer
C 6 Correct Answer Incorrect Answer
D 8 Correct Answer Incorrect Answer
E 10 Correct Answer Incorrect Answer

Solution

There are a total of 6 members in the Monetary Policy Committee (MPC). Three of the members of the Monetary Policy Committee are external members, appointed by the Central Government.

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