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The Central Bank & Monetary Policy · Question 10 of 58

Question 10

MediumOriginal question

India's policy repo rate is set by

Options for question 10

Show the answer and explanation
CorrectNot quiteAnswer C

Correct answer: C

Explanation

  1. Since 2016, a six-member Monetary Policy Committee (three from the RBI, three appointed by the government) decides the policy rate.

Concept
Monetary Policy Committee
Typical time
70 s
Your time
—
The rule this testsFunctions of the central bank
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