Which of the following statements is/are correct about the Monetary Policy Committee? 1. The Monetary Policy Committee of India is responsible for fixing the benchmark interest rate in India. 2. The meetings of the Monetary Policy Committee are held at least 4 times a year and it publishes its decisions after each such meeting. 3. It was established in 2016 by amending the Reserve Bank of India Act, 1934. 4. The Union Finance Minister of India is the chairperson ex officio of the committee. Select the correct answer using the codes given below: - Study24x7
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Which of the following statements is/are correct about the Monetary Policy Committee? 1. The Monetary Policy Committee of India is re...

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A

1 only

B

1 and 2 only

C

1, 2 and 3 only

D

1, 2, 3 and 4

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