#GS_3
#Economy #Monetary_policy #MPC
This is the minutes of meeting of 6 member MPC. As per the news Monetary Policy Framework, each member of the MPC needs to be pen down the reason for their decision regarding policy rate. Just go through it.
What is the difference between Monetary stimulus and Fiscal stimulus?
#Economy #Monetary_policy #MPC
This is the minutes of meeting of 6 member MPC. As per the news Monetary Policy Framework, each member of the MPC needs to be pen down the reason for their decision regarding policy rate. Just go through it.
What is the difference between Monetary stimulus and Fiscal stimulus?
#GS_3
#Economy #Monetary_policy #MPC #Inflation
Read about Inflation Targeting and MPC.
✅ #Facts4Prelims
The Monetary Policy Committee(6 members) is a statutory and institutionalized framework under the Reserve Bank of India Act, 1934, for maintaining price stability, while keeping in mind the objective of growth.
The Governor of RBI is ex-officio Chairman of the committee.
Decisions are taken by majority with the Governor having the casting vote in case of a tie.
@prep4upsc
#Economy #Monetary_policy #MPC #Inflation
Read about Inflation Targeting and MPC.
✅ #Facts4Prelims
The Monetary Policy Committee(6 members) is a statutory and institutionalized framework under the Reserve Bank of India Act, 1934, for maintaining price stability, while keeping in mind the objective of growth.
The Governor of RBI is ex-officio Chairman of the committee.
Decisions are taken by majority with the Governor having the casting vote in case of a tie.
@prep4upsc
#GS_3 #Economy #Inflation #RBI #MPC #Prelims
🔹 Read about MPC, Inflation targeting, stagflation.
@prep4upsc
🔹 Read about MPC, Inflation targeting, stagflation.
@prep4upsc
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