In RBI's monetary policy framework, MPC stands for
AMonetary Policy Committee
BMarket Policy Committee
CMonetary Price Control
DMoney Policy Council
Answer & Solution
Correct answer: A. Monetary Policy Committee
MPC is the Monetary Policy Committee, the committee-based model that replaced a Governor-centric framework in 2016.
Keep practising Abbreviations
Browse all Abbreviations questions for RRB NTPC, or explore more General Knowledge topics.
Related questions
The WTO agreement known as TRIPS coversWhat does the abbreviation RIDF signify at NABARD?In the International Monetary Fund, SDR denotesUnder the original GST legislation, NAA stood forWhat does GSTN denote in the indirect taxation system?For inter-state movement of goods, IGST expands toWhat does the abbreviation SGST represent under GST?Under India's goods and services tax regime, CGST means