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      Question

      The Monetary Policy Committee (MPC) which determines the

      monetary policy of the country is headed by
      A The finance minister of India Correct Answer Incorrect Answer
      B The Governor of RBI Correct Answer Incorrect Answer
      C The finance secretary of India Correct Answer Incorrect Answer
      D One Deputy Governor of RBI Correct Answer Incorrect Answer
      E The Chairman of NITI aayog Correct Answer Incorrect Answer

      Solution

      MPC is headed by the Governor of RBI with other members being: The Deputy Governor in-charge of monetary policy, one officer nominated by central board of RBI, two members nominated by Government

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