Monetary Policy Committee
- The rate-setting Monetary Policy Committee (MPC) will be meeting five times in FY21, against seven in FY20. Usually, the MPC meets six times a year. But, in FY20, it had an extra meeting in view of the pandemic and the urgent need to assess the current and evolving macroeconomic situation.
About Monetary Policy Committee(MPC)
- MPC is a committee constituted by the Reserve Bank of India and led by the Governor of RBI.
- The Reserve Bank of India Act, 1934 was amended by Finance Act (India), 2016 to constitute MPC which will bring more transparency and accountability in fixing India's Monetary Policy.
- Monetary ....
Do You Want to Read More?
Subscribe Now
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Related Content
- 1 MSP for Jute
- 2 Tapti Basin Mega Recharge Project
- 3 Kaleshwaram Lift Irrigation Project
- 4 QNB Opens Branch in Gujarat
- 5 National Bank for Financing Infrastructure and Development
- 6 Apparel Export Promotion Council (AEPC)
- 7 International Buyer-Seller Meet 2025
- 8 Land Port
- 9 Financial Fraud Risk Indicator
- 10 India’s Port Sector’s Milestones in FY 2024-25
- 1 New Features Added to e-NAM
- 2 Central Govt Making Concerted Efforts to Facilitate Farmers in Direct Marketing
- 3 GI Tag for Various Products
- 4 Govt. Unveils Bank of Schemes, Ideas, Innovation and Research portal
- 5 Helicopter Money
- 6 Currency Swap Line
- 7 Sovereign Gold Bond Scheme
- 8 RBI Announces Special Liquidity Facility for Mutual Funds
- 9 Government Fast Tracks Digitisation of Bill of Lading to Deal with Post COVID-19 World Trade
- 10 MNRE Urges States to Set up Renewable Energy Manufacturing Parks
