How many members of the MPC are appointed by the Central Government?
ASeven
BEight
CFour
DThree
Answer & Solution
Correct answer: D. Three
1. The other three come from within the Bank.
2. They are the Governor, a Deputy Governor and an officer.
3. The Government appoints three members.
_Source: The Reserve Bank of India Act, 1934 (India Code)_
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