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    Question

    Monetary Policy Committee is headed by-

    A 1) Finance Minister Correct Answer Incorrect Answer
    B 2) Governor, RBI Correct Answer Incorrect Answer
    C 3) Finance Secretary Correct Answer Incorrect Answer
    D 4) Chairman, SEBI Correct Answer Incorrect Answer
    E 5) Head of the monetary committee is appointed by GOI Correct Answer Incorrect Answer

    Solution

    The Monetary Policy Committee (MPC) is a committee of the Reserve Bank of India, headed by its Governor, which is entrusted with the task of fixing the benchmark policy interest rate to contain inflation within the specified target level.

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