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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