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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