BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Please wait while the activity loads.
If this activity does not load, try refreshing your browser. Also, this page requires javascript. Please visit using a browser with javascript enabled.

If loading fails, click here to try again

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

Who is the chairperson of the Monetary Policy committee of India?

A	Finance Minister
B	Prime Minister
C	RBI Governor
D	Chief Economic Advisor

Explanation:

Detailed explanation-1: -Composition. The composition of the current monetary policy committee is as follows: Governor of the Reserve Bank of India – Chairperson, ex officio-Shaktikanta Das.

Detailed explanation-2: -Michael Debabrata Patra, Deputy Governor in charge of monetary policy – and was chaired by Shri Shaktikanta Das, Governor. 3.

Detailed explanation-3: -Post Monetary Policy Press Conference by RBI Governor Shaktikanta Das, watch! The Reserve Bank of India-led rate-setting panel on Wednesday raised the country’s policy rate by 25 basis points in its last policy review of the fiscal year (FY23) amid moderating inflation.

Detailed explanation-4: -The six-member MPC comprises three RBI officials–Governor Shaktikanta Das, Deputy Governor Michael Debabrata Patra, and Executive Director Rajiv Ranjan; and three external members appointed by the central government.

There is 1 question to complete.