Monetary Policy Committee (#MPC) is a statutory body in India, responsible for determining the policy interest rate required to achieve the inflation target.
It was constituted under Section 45ZB of the Reserve Bank of India Act, 1934.
The MPC has six members: three from the Reserve Bank of India (RBI) and three appointed by the Central Government.
It was constituted under Section 45ZB of the Reserve Bank of India Act, 1934.
The MPC has six members: three from the Reserve Bank of India (RBI) and three appointed by the Central Government.
currently two active Local Area Banks (#LABs) in India: Coastal Local Area Bank Ltd. and Krishna Bhima Samruddhi Local Area Bank Ltd.
The Standing Deposit Facility (SDF) was launched by the Reserve Bank of India (RBI) on April 8, 2022.
M.K.Gandhi sailed from Bombay (now Mumbai) to South Africa on the #ship S.S. Safari in 1893. He returned to India from South Africa on the #ship S.S. Arabia in 1915.
He also sailed from Bombay to London on the S.S. #Rajputana in 1931 to attend the Second Round Table Conference ( RTC).
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He also sailed from Bombay to London on the S.S. #Rajputana in 1931 to attend the Second Round Table Conference ( RTC).
#HISTORY@GSANDGA
India Launches World's First Green Steel Taxonomy in a Bid to Achieve Net Zero by 2070
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