Question : Who chairs the Monetary Policy Committee in India?
Option 1: Union Finance minister
Option 2: Deputy Governor, Reserve Bank of India
Option 3: Comptroller and Auditor General of India
Option 4: Governor, Reserve Bank of India
Correct Answer: Governor, Reserve Bank of India
Solution : The correct answer is the Governor, Reserve Bank of India.
The monetary policy in India is carried out under the authority of the Reserve Bank of India. The policy often targets inflation or interest rates to ensure price stability. This committee is formed as a statutory commission entrusted with the task of fixing the benchmark policy rate.
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Question : Who presents the annual budget before the Lok Sabha?
Option 1: Union Finance Minister
Option 2: Defence Minister
Option 4: Home Affairs Minister
Question : Comptroller and Auditor General of India acts as friend , philosopher ,and Guide for
Option 1: Public Accounts Committee
Option 2: Estimates Commitee
Option 3: Finance Minister
Option 4: Committee on Public Undertakings
Question : The Comptroller and Auditor General of India is appointed by the
Option 1: Prime Minister
Option 2: President
Option 4: Lok Sabha
Question : The Parliamentary Committee which scrutinises the report of the Comptroller and Auditor General of India is
Option 1: Estimates Committee
Option 2: Select Committee
Option 3: Public Accounts Committee
Option 4: None of these
Question : In India, who among the following is responsible for auditing all receipts and expenditures of the union and state governments?
Option 1: Attorney General for India
Option 2: Advocate General
Option 3: Union Public Service Commission
Option 4: Comptroller and Auditor General
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