RBI's Function, Monetary Policy & Fiscal Policy

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Which section empower GoI to consult with RBI Govr in public interest ?

Section 7 (1)

Which section of RBI Act say "No more than 4 Dy. Govr"

Section 8

What are the 2 objective under section 47 of RBI Act 1934 ?

To fight any crisis & transfer remaining amount to Govt.

Which committee reported Standing Deposit Facility (RBI's client parks extra money with RBI without taking collateral unlike Reverse Repo) ?

Urjit Patel (2013)

RBI's Urjit Patel Committee Report (2013-14) recommended Inflation Targeting for India → adopted from ________, by amending RBI Act Section 45. Target to keep CPI(AI) b/w 2-6% extended till 31/3/2026.

2016

How many maximum members can have in RBI's central board of directors ?

21

Committee must publish its minutes of the meeting on the 14th day, and "Monetary Policy report" at every _______months.

6

Which committee was appointed to provision & Allocation of capital reserve in 2019 ? On this committee RBI's financial/accounting year changed to April-March ?

Bimal Jalan

What head the FSRAC which recommend names to Appointment committee of cabinet for appointment RBI Govr & Deputy Govr ?

Cabinet Secretary


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