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Q: How many members are there in the Indian Monetary Policy Committee?
  • A. 6
  • B. 5
  • C. 21
  • D. 3
Correct Answer: Option A - The monetary policy contains from 4 to 6 members, 2 or 3 from RBI and others from government. Usually they hold office for 4 years.
A. The monetary policy contains from 4 to 6 members, 2 or 3 from RBI and others from government. Usually they hold office for 4 years.

Explanations:

The monetary policy contains from 4 to 6 members, 2 or 3 from RBI and others from government. Usually they hold office for 4 years.