alleryWhich committee led by the RBI Governor sets repo rates?
AMonetary Policy
BStability Board
CCredit Council
DLiquidity Forum
Answer & Solution
Correct answer: A. Monetary Policy
The Monetary Policy Committee fixes the benchmark repo rate to achieve inflation targets.
Keep practising Financial Regulators
Browse all Financial Regulators questions for RRB NTPC, or explore more Economy topics.
Related questions
Which RBI subsidiary fosters financial technology innovation?RBI acts as custodian of forex reserves under which Act?Which RBI subsidiary provides deposit insurance coverage to bank depositors in India?Payment systems like NEFT and RTGS are regulated under:Under which legislation does the RBI regulate and license non-banking financial companies Which body was set up under RBI in 1994 for bank supervision?In which Indian metropolis is the head office of NABARD located?Which project was launched by NABARD in 1992 to provide microfinance to the rural poor?