MONETARY POLICY COMMITTEE ✨✨
Автор: CONQUER GS
Загружено: 2025-12-19
Просмотров: 1248
Описание:
Monetary Policy Committee (MPC) is the body that decides repo rate, reverse repo, inflation targeting and controls money supply in India.
Formed under the RBI Act, 1934 (amended in 2016), MPC has 6 members — 3 from RBI & 3 from Government.
Its main goal is price stability + economic growth by keeping inflation under control 📉💰
📌 Very important topic for UPSC, State PCS, SSC, Banking & all Govt Exams.
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