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Which of the following statements is correct about the chairperson of Monetary Policy Committee (MPC)?
  • a)
    The chairperson of the committee is appointed by the RBI Governor
  • b)
    RBI Governor is the ex officio Chairperson of the committee
  • c)
    Finance Minister is the ex-officio chairperson of the committee
  • d)
    The Chairperson of the committee is appointed by the Finance Minister
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Which of the following statements is correct about the chairperson of ...
The Monetary Policy Committee consists of six Members. Three Members are from the RBI and theother three Members appointed by the Central Government. The Members appointed by the CentralGovernment hold the office for a period of four years. The Governor of RBI is the ex-officio Chairperson ofthe committee.
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Which of the following statements is correct about the chairperson of Monetary PolicyCommittee (MPC)?a)The chairperson of the committee is appointed by the RBI Governorb)RBI Governor is the ex officio Chairperson of the committeec)Finance Minister is the ex-officio chairperson of the committeed)The Chairperson of the committee is appointed by the Finance MinisterCorrect answer is option 'B'. Can you explain this answer?
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Which of the following statements is correct about the chairperson of Monetary PolicyCommittee (MPC)?a)The chairperson of the committee is appointed by the RBI Governorb)RBI Governor is the ex officio Chairperson of the committeec)Finance Minister is the ex-officio chairperson of the committeed)The Chairperson of the committee is appointed by the Finance MinisterCorrect answer is option 'B'. Can you explain this answer? for Defence 2024 is part of Defence preparation. The Question and answers have been prepared according to the Defence exam syllabus. Information about Which of the following statements is correct about the chairperson of Monetary PolicyCommittee (MPC)?a)The chairperson of the committee is appointed by the RBI Governorb)RBI Governor is the ex officio Chairperson of the committeec)Finance Minister is the ex-officio chairperson of the committeed)The Chairperson of the committee is appointed by the Finance MinisterCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Defence 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following statements is correct about the chairperson of Monetary PolicyCommittee (MPC)?a)The chairperson of the committee is appointed by the RBI Governorb)RBI Governor is the ex officio Chairperson of the committeec)Finance Minister is the ex-officio chairperson of the committeed)The Chairperson of the committee is appointed by the Finance MinisterCorrect answer is option 'B'. Can you explain this answer?.
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