Current Affairs · Banking History & Committees
To address persistent monetary policy transmission failures, the Reserve Bank of India constituted an internal Study Group chaired by Dr. Janak Raj to evaluate the marginal cost of funds based lending rate (MCLR) system. Which one of the following combinations correctly reflects the date the formation of the Study Group was formally indicated, the date it submitted its report, and the stipulated deadline for receiving public feedback on its recommendations, respectively?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1August 2, 2017; September 25, 2017; and October 25, 2017✓
- 2August 2, 2017; September 25, 2017; and October 25, 2017
- 3September 25, 2017; October 14, 2017; and April 4, 2018
- 4August 2, 2017; October 14, 2017; and March 31, 2018
Correct answer
August 2, 2017; September 25, 2017; and October 25, 2017
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