CURRENT AFFAIRS

Detailed explanation-1: -The 599th meeting of the board was held in Kolkata on December 16. The meeting was chaired by RBI Governor Shaktikanta Das . The board also discussed the activities of select central office departments and the draft Report on the Trend and Progress of Banking in India, 2021-22, the central bank said in a statement.

Detailed explanation-2: -The 599th meeting of the Central Board of Directors of Reserve Bank of India was held today in Kolkata under the Chairmanship of Shri Shaktikanta Das, Governor. The Board in its meeting reviewed the current economic situation, global and domestic challenges including geopolitical developments, finance and trade.

Detailed explanation-3: -The thirty eighth meeting of the Monetary Policy Committee (MPC), constituted under section 45ZB of the Reserve Bank of India Act, 1934, was held during September 28-30, 2022.

Detailed explanation-4: -Central Board. The Reserve Bank’s affairs are governed by a central board of directors. The board is appointed by the Government of India in keeping with the Reserve Bank of India Act. Appointed/nominated for a period of four years.