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Who is the chairperson of the six-member monetary policy committee (MPC)?
Governor of the RBI
Deputy Governor of RBI
None of these
Correct Option is Governor of the RBI
Solution:The Monetary Policy Committee (MPC) is a committee of the Central Bank in India (Reserve Bank of India), headed by its Governor, which is entrusted with the task of fixing the benchmark policy interest rate (repo rate) to contain inflation within the specified target level.
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