Tag: mpc

This quiz is designed to assess your understanding of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC). The MPC is responsible for setting interest rates and other monetary policy tools to achieve the RBI's objectives of price stability and economic growth.

The Monetary Policy Committee (MPC) is a committee of the Reserve Bank of India (RBI) that is responsible for setting the benchmark interest rate in India. The MPC was established in 2016 and is chaired by the Governor of the RBI. The other members of the MPC are six external members, who are appointed by the Government of India for a period of four years.