{"id":29694,"date":"2020-10-08T09:59:00","date_gmt":"2020-10-08T09:59:00","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=29694"},"modified":"2020-10-08T09:59:03","modified_gmt":"2020-10-08T09:59:03","slug":"govt-appointed-ashima-goyal-jayanth-r-varma-shashanka-bhide-as-mpc-members","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/govt-appointed-ashima-goyal-jayanth-r-varma-shashanka-bhide-as-mpc-members\/","title":{"rendered":"Govt appointed Ashima Goyal, Jayanth R Varma, Shashanka Bhide as MPC members"},"content":{"rendered":"\n<p>The government has appointed three eminent economists Ashima Goyal, Jayanth R Varma and Shashanka Bhide as members of the rate-setting Monetary Policy Committee of the RBI.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.gkseries.com\/blog\/current-affairs-quiz-2019-daily-gk\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Daily Current Affairs Quiz 2020<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Key-Points<\/h2>\n\n\n\n<p>The new members nominated have been given a four-year term.<\/p>\n\n\n\n<p>The other three ex-officio members of the MPC are Reserve Bank Governor Shaktikanta Das, Deputy Governor (in-charge of monetary policy) Michael Patra and executive director Janak Raj. The panel is chaired by RBI governor Shaktikanta Das.<\/p>\n\n\n\n<p>The six-member MPC has the mandate to maintain annual inflation at 4 percent, with an upper tolerance of 6 percent and a lower tolerance of 2 percent.<\/p>\n\n\n\n<p>The last meeting of the panel was held in August wherein the committee had decided to keep interest rates unchanged in a bid to tame inflation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government has appointed three eminent economists Ashima Goyal, Jayanth R Varma and Shashanka Bhide as members of the rate-setting Monetary Policy Committee of the RBI. Daily Current Affairs Quiz 2020 Key-Points The new members nominated have been given a four-year term. The other three ex-officio members of the MPC are Reserve Bank Governor Shaktikanta [&hellip;]<\/p>\n","protected":false},"author":404,"featured_media":29695,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1279],"tags":[1275],"offerexpiration":[],"class_list":["post-29694","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-october-2020","tag-indian-polity-current-affairs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/29694","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/404"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=29694"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/29694\/revisions"}],"predecessor-version":[{"id":29696,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/29694\/revisions\/29696"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/29695"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=29694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=29694"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=29694"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/offerexpiration?post=29694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}