Who among the following chairs the search cum selection committee of Government Appointees on the Mo...........

Economic Affairs Money Supply and Monetary Policy

Who among the following chairs the search-cum-selection committee of Government Appointees on the Monetary Policy Committee of the RBI?

Prime Minister

Union Finance Minister

Cabinet Secretary

Finance Secretary

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Explanation:

Third option is correct.

Monetary Policy Committee is a 6 member committee that reviews monetary policy of the country. It consists of 3 representatives from RBI and 3 nominees from the Government. It is chaired by the RBI Governor. The 3 representatives of RBI include Governor, Deputy Governor and one officer of the RBI. The nominees of the Central government are appointed on recommendations of a search-cum-selection committee headed by the Cabinet Secretary.