Top commerce classes, Behere's Commerce Classes Brings an informative series on Basics of Economics: Part 7: Monetary Policy Committee Monetary Policy Committee (MPC) is the body of the RBI responsible for taking the important monetary policy decision about setting the repo rate. Repo rate is the policy instrument used by the RBI for inflation targeting. It is headed by Governor of RBI. The committee consists of six members - three officials of the RBI and three members nominated by the Government of India. Members of the RBI are: the Governor (ex-Officio chairman of the MPC), Deputy Governor and one other officer of the RBI. The government members are appointed by the Centre on the recommendations of a search-cum-selection committee headed by the Cabinet Secretary. The Monetary Policy Committee replaces the previous arrangement of the Technical Advisory Committee. Thank You. Other Parts of this series are available on www.behereclasses.com Tags: Best 11th commerce classes in Pune, 11th commerce class in Pune, top commerce coaching in pune, Commerce classes in Pune city, 12th commerce classes in Pune, 12th commerce class in Pune, commerce classes near me, best commerce classes near me, 11th 12th commerce classes near me, BBA coaching classes in Pune, BBA classes near me, BCom classes in Pune, BCom classes near me, BBA tuitions near me, BCom tuitions near me, commerce tuitions near me, classes for 11th commerce, CA foundation classes, CS foundation classes, best CA foundation classes, best CS foundation classes, CA classes in Pune, Pune 11th commerce classes, tuitions for 11th commerce