CURRENT AFFAIRS

2022

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

Who has been approved by the RBI board as the ex-officio member of the Monetary Policy Committee?

A	Pankaj Sharma
B	Ashok Rane
C	Trilok Mishra
D	Rajiv Ranjan

Explanation:

Detailed explanation-1: -The Board approved the nomination of Executive Director Dr. Rajiv Ranjan as an ex-officio member of the Monetary Policy Committee.

Detailed explanation-2: -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. Executive director of the Bank in charge of monetary policy – Rajiv Ranjan.

Detailed explanation-3: -“The Board approved the nomination of Dr. Rajiv Ranjan, Executive Director as an ex-officio member of the Monetary Policy Committee,” RBI said after the board met. Ranjan was an advisor in-charge in the monetary policy department, before he was elevated as an executive director.

Detailed explanation-4: -The Governor of the Reserve Bank of India is the ex-officio chairperson of the RBI. Q. Who among the following is the Chairperson of the 13th Finance Commission?

There is 1 question to complete.