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Monetary policy committee has representations from RBI, Government of India and Independent MembersQuestion 9AnswerTrueFalse

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Solution 1

Understanding the Structure of the Monetary Policy Committee

  1. Monetary Policy Committee (MPC) Role: The MPC is responsible for formulating monetary policy in India, primarily focusing on controlling inflation.

  2. Composition of the MPC: The MPC comprises:

    • Members from RBI: T Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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Write a detailed long answer on : The Public Accounts Committee In India - It's Composition, Functions, Negative criticism and conclusion.

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