Question
What is the full form of MPC that is entrusted with the
task of fixing the benchmark policy rate?Solution
The Reserve Bank of India Act, 1934 (RBI Act) has been amended by the Finance Act, 2016, to provide for a statutory and institutionalized framework for a Monetary Policy Committee, for maintaining price stability, while keeping in mind the objective of growth. The Monetary Policy Committee would be entrusted with the task of fixing the benchmark policy rate (repo rate) required to contain inflation within the specified target level.
Five articles, F, G, H, I and J, are kept one above the other (not necessarily in the same order). F is just above J and just below I. G is just above H...
Select the option that is related to the third term in the same way as the second term is related to the first term.
DFB : GHC :: LNJ : ?
If the consonants of the following words are arranged first, followed by the vowels as per the English alphabetical order and then the consonants are ch...
Four of the following five are alike in a certain way and hence they form a group. Which one of the following does not belong to that group?
Six friends D, E, F, G, H, and I go to a market on six different days of the same week from Monday to Saturday. E goes on Wednesday. D goes 3 days befor...
Who lives to the East of the one who likes Orange?
Who among of the following lives on floor no 3?
Which person plays match in March?
Who lives two floors below X (same flat type)?
D likes which of the following laptop?
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