How many members does the Monetary Policy Committee have?

Indian Economy and Banking · Economic & Social Development · Hard · Practice for UPSC CSE GS 1

How many members does the Monetary Policy Committee have?

  1. 7
  2. 6
  3. 5
  4. 9
Answer and solution

Correct answer: B) 6

Three from the RBI and three appointed by the government.

Learn the method: Indian Economy and Banking rules and worked examples · UPSC CSE GS 1 Economic & Social Development

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