TNPSC Thervupettagam

RBI Monetary Policy Committee 2024

October 6 , 2024 20 hrs 0 min 10 0
  • The Reserve Bank of India has reconstituted the Monetary Policy Committee (MPC) as per section 45ZB of the Reserve Bank of India Act, 1934.
  • As per the provisions of the RBI Act, the Monetary Policy Committee (MPC) consists of six members: three Members from RBI and three are appointed by the Central Government.
  • The 3 Members appointed by the Central Government shall hold office for a period of four years.

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