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GK MCQs Section
Q. Who is the ex-officio Chairperson of the Monetary Policy Committee (MPC)?
Answer: Governor of Reserve Bank of India
Notes: The Monetary Policy Committee was formed in 2016 after an amendment to the RBI Act, 1934. The Committee consists of six members: three from the Reserve Bank of India and three nominated by the Central Government. The Governor of the Reserve Bank of India is designated as the ex-officio Chairperson of the Monetary Policy Committee.
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