Monetary Policy Committee: UPSC Daily Important Topic | 2 January 2022
Monetary Policy Committee: • It is a statutory and institutionalized framework under the Reserve Bank of India Act, 1934, for maintaining price stability, while keeping in mind the objective of growth. • The 6-member Monetary Policy Committee (MPC) constituted by the Central Government as per the Section 45ZB of the amended RBI Act, 1934. The […]
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