The RBI Expert Committee to revise and strengthen the monetary policy framework is headed by

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	Dr. Urjit R. Patel Committee
B	Suresh Mathur Panel
C	Vijay Kelkar Committee
D	Shah Nawaz Committee

Explanation:

Detailed explanation-1: -Chairman of the Monetary Policy Committee is the governor of RBI.

Detailed explanation-2: -Urjit Patel Committee was set up to give recommendations on revising and strengthening the monetary policy framework. This committee was set up by the former RBI governor Raghuram Rajan. You can read about The Reserve Bank of India: Functions and Composition in the given link.

Detailed explanation-3: -Urijit Patel was made head of the Urijit Patel Committee by Raghuram Rajan to get recommendations and suggestions on improving the Monetary Policy Framework. He submitted a 130-page report on the modification and strengthening of the Monetary Policy Framework on 21 January 2013.

Detailed explanation-4: -The Monetary Policy Committee The MPC determines the policy repo rate required to achieve the inflation target.

There is 1 question to complete.