CURRENT AFFAIRS

Detailed explanation-1: -Shashanka Bhide, Honorary Senior Advisor, National Council of Applied Economic Research, Delhi; Dr. Ashima Goyal, Emeritus Professor, Indira Gandhi Institute of Development Research, Mumbai; Prof. Jayanth R. Varma, Professor, Indian Institute of Management, Ahmedabad; Dr.

Detailed explanation-2: -Synopsis. The Monetary Policy Committee’s meeting was chaired by Governor Shaktikanta Das and attended by all MPC members Michael Debabrata Patra, Rajiv Ranjan, Shashanka Bhide, Ashima Goyal and Jayanth R.

Detailed explanation-3: -The composition of the current monetary policy committee is as follows: Governor of the Reserve Bank of India – Chairperson, ex officio - Shaktikanta Das. Deputy Governor of the Bank in charge of monetary policy – Michael Debrata Patra.

Detailed explanation-4: -RBI MPC Meeting December 2022: RBI Governor Shaktikanta Das announced that the monetary policy committee (MPC) hiked the repo rate by 35 basis points (bps) to 6.25 per cent. The central bank also cut growth forecast for the current financial year to 6.8 per cent. Here’s what the Indian central bank chief announced.