The 'Monetary Policy Committee' consists of how many members? MCQ with Answer and Explanation

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The 'Monetary Policy Committee' consists of how many members?

A. 6

B. 10

C. 4

D. 8

Answer: Option A

Solution (By JKSSB Mock Tests)

The Monetary Policy Committee has six members, including the RBI Governor.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'National Rural Health Mission' was launched in:

A. 2000

B. 2013

C. 2010

D. 2005

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Correct Answer: Option D

Explanation:
NRHM was launched in 2005.

This question belongs to: Economy GK Economy Set 1

Question #2

Net Domestic Product at market prices equals GDP at market prices minus:

A. indirect taxes

B. net factor income from abroad

C. subsidies

D. depreciation

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Correct Answer: Option D

Explanation:
NDP is obtained by deducting depreciation from GDP.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Economic Advisor' who compiles the Economic Survey is under the:

A. Ministry of Statistics

B. NITI Aayog

C. RBI

D. Ministry of Finance

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Correct Answer: Option D

Explanation:
Chief Economic Adviser is under the Department of Economic Affairs, Ministry of Finance.

This question belongs to: Economy GK Economy Set 1

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