UrbanPro
true

Take Class 12 Tuition from the Best Tutors

  • Affordable fees
  • 1-1 or Group class
  • Flexible Timings
  • Verified Tutors

What is Monetary Policy Committee (MPC) ?

Sunny Kumar
05/02/2018 0 0

The new MPC is to be a six member panel that is expected to bring "VALUE and TRANSPARENCY" to rate setting decisions. It will feature three members from the RBI- the Governor, a Deputy Governor , and another official- and three independent members to be selected by Government.

A search commitee (Another commitee) will recommend three external members, experts in the field of economics , banking or finance, for the government appointees. The MPC will meet four times a year to decide on monetary policy by a majority vote. And if there's a tie between the 'yes' or 'no', the RBI Governor gets the deciding vote.

0 Dislike
Follow 0

Please Enter a comment

Submit

Other Lessons for You

Find out the wrong number in the following number series.
Find out the wrong number in the following number series. 1. 1 5 23 91 263 521 515 2. -2 5 -1 12 29 166 9813. 15 136 55 104 79 89 4. 120 15 100 25 75 37.5 5. 24 12 12 18 27 90 2706. 17 169 972 4885 19524...

GST Rate Structure
We already know that the GST slabs are pegged at 5%, 12%, 18% & 28%. According to the latest news from the GST council, the tax structure for common-use goods are as under: GST Rates Structure: Tax...

Division of labour
By division of labour we mean specialisation in work. Under it the worker specialises either in the prouduction of a single commodity or single sub-process . It is a system whereby the operations necessary...

Macroeconomics: GDP and other indicators.
Need for the indicators in Macro analysis? Like the accounts of a business, national income accounts have two sides: a product side and an income side. The product side measures production and sales....

Ishwar Jangid

0 0
0

X

Looking for Class 12 Tuition Classes?

The best tutors for Class 12 Tuition Classes are on UrbanPro

  • Select the best Tutor
  • Book & Attend a Free Demo
  • Pay and start Learning

Take Class 12 Tuition with the Best Tutors

The best Tutors for Class 12 Tuition Classes are on UrbanPro

This website uses cookies

We use cookies to improve user experience. Choose what cookies you allow us to use. You can read more about our Cookie Policy in our Privacy Policy

Accept All
Decline All

UrbanPro.com is India's largest network of most trusted tutors and institutes. Over 55 lakh students rely on UrbanPro.com, to fulfill their learning requirements across 1,000+ categories. Using UrbanPro.com, parents, and students can compare multiple Tutors and Institutes and choose the one that best suits their requirements. More than 7.5 lakh verified Tutors and Institutes are helping millions of students every day and growing their tutoring business on UrbanPro.com. Whether you are looking for a tutor to learn mathematics, a German language trainer to brush up your German language skills or an institute to upgrade your IT skills, we have got the best selection of Tutors and Training Institutes for you. Read more