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How many members are there in the Indian...

How many members are there in the Indian Monetary Policy Committee ?

A

6

B

5

C

21

D

3

Text Solution

Verified by Experts

The correct Answer is:
A

The meetings of the Monetary Policy Committee are held at least 4 times a year and it publishes its decisions after each such meeting. The committee comprises six members - three officials of the Reserve Bank of India and three external members nominated by the Government of India
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PINNACLE-ECONOMICS-MCQ (NATIONAL INCOME, IFLATION, BUDGET, TAXATION AND GDP)
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  2. If RBI increases Repo Rate, then what may be its impact on the Indian ...

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  3. How many members are there in the Indian Monetary Policy Committee ?

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  4. In the older monetary system of India, ‘One Anna’ used to be what part...

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  5. Which of the following is a nationalized bank in India ?

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  6. The percentage of deposits that a bank must keep as cash reserves with...

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  7. On which rate does the Reserve Bank of India provide loSol to the comm...

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  8. Which of the following options is NOT correct about the Payment Banks ...

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  9. Who is the Chairman of the Monetary Policy Committee?

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  10. Which of the following is not considered as a valid currency ?

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  11. Which central institution in India monitors and regulates agricultural...

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  12. Under Banking Regulation Act, 1934, The Reserve Bank was established i...

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  13. Which central agency manages the public debt of the central and state ...

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  14. Which central agency regulates and monitors the housing sector in Indi...

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  15. Which of the following bodies is primarily concerned with maintaining ...

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  16. What is the full form of NPCI which is an umbrella organisation for al...

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  17. What is the minimum amount which can be remitted through Real Time Gro...

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  18. Which of the following institutions does NOT regulate capital markets ...

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  19. In which year was the Reserve Bank of India established?

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  20. Which of these Institutions fixes the repo rate and reverse repo rate ...

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