Current Affairs · Monetary Policy
With reference to the Monetary Policy Committee (MPC) in India, consider the following statements: 1. The inflation target is notified by the Central Government in consultation with the RBI for a period of five years. 2. The RBI Governor has a casting vote in case of a tie. 3. All six members of the MPC are appointed by the Central Government. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 2 and 3
- 22 and 3
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Correct answer
1 and 2
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