ECONOMICS
MONETARY POLICY
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Budget Committee (BC)
|
|
|
Monetary Policy Committee (MPC)
|
|
|
Financial Policy Committee (FPC)
|
|
|
None of the above
|
Detailed explanation-1: -There are three financial committees, namely the Estimates Committee, the Public Accounts Committee (PAC), and the Committee on Public Undertakings (CoPU) which are set up under the Rules of Procedure and Conduct of Business in the Lok Sabha/Vidhansabhas of the States.
Detailed explanation-2: -The correct answer is Joint Committee on Offices of Profit. Joint Committee on Offices of Profit is not a financial committee of the Parliament.
Detailed explanation-3: -In the Indian Parliament, a Standing committee is a committee consisting of Members of Parliament or MPs . It is a permanent and regular committee which is constituted from time to time according to the provisions of an Act of Parliament or Rules of Procedure and Conduct of Business.