Which of the following has been not a member of Monetary Policy Committee under the RBI

2016

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

A	Pami Dua
B	Chetan Ghate
C	Ravindra Dholakia
D	Jayati Ghosh

Explanation:

Detailed explanation-1: -Detailed Solution. Arun Jaitley is not a member of the Monetary Policy Committee.

Detailed explanation-2: -Meeting of the Monetary Policy Committee, November 3, 2022 Michael Debabrata Patra, Dr. Rajiv Ranjan, Dr. Shashanka Bhide, Dr. Ashima Goyal and Prof.

Detailed explanation-3: -The correct answer is option 2, i.e., MSP. MSP is NOT an instrument of RBI’s Monetary Policy.

Detailed explanation-4: -Public Debt (Government Debt) is the debt owed by the government. Whereas monetary policy is framed, devised, and implemented by the RBI. Public Debt does not fall in the ambit of RBI and can never be a part of monetary policy.

Detailed explanation-5: -The six members of the Monetary Policy Committee are Shaktikanta Das, the governor of the Reserve Bank of India, Dr. Michael Debabrata Patra, the deputy governor, Dr. Mridul K. Saggar, Prof.

There is 1 question to complete.