Civil Services APPSC Group I Services Prelims Mock Test Series 2025 General Knowledge Economy Money and Banking
With reference to the Monetary Policy Committee (MPC), consider the following statements.
1. The Finance minister of India is the chairperson ex officio of the committee.
2. It is a six-member committee constituted by the Central Government.
3. Members of the MPC will be appointed for a period of four years and shall not be eligible for reappointment.
Which of the statements given above is/are correct?
1
1, 2 and 3
2
1 and 3 only
3
2 and 3 only
4
2 only