Monetary Policy Committee

1) Which among the following are included in Schedule H1 Drugs? a) 3rd and 4th generation antibiotics b) habit forming drugs c) anti-TB drugs d) All of the above Ans: d Both the statements are correct. Govt classifies hydroxychloroquine as Schedule-H1 drug, sale only on prescription. It restricts its sale only based on prescription. It […]

1) Monetary Policy Committee is a six-member committee constituted by a) Central Government b) President c) Parliament d) None of the above Answer: a • The MPC determines the policy interest rate required to achieve the inflation target. RBI can deviate from the bi-monthly nature of monetary policy. • MPC is a six-member committee constituted […]