Question

Under Section 45ZD of the RBI Act, 1934, the Members of the Monetary Policy Committee appointed by the Central Government hold office for a period of four years and are subject to what condition regarding re-appointment?

A They are eligible for re-appointment for one further term
B They shall not be eligible for re-appointment
C They are eligible for re-appointment without limit
D They are eligible for re-appointment after a gap of two years
E They are eligible for re-appointment up to the age of seventy
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