I. It is a nine-member committee of the Reserve Bank of India. |
II. It has been entrusted with the task of fixing the benchmark repo rate required to contain inflation within the specified target level. |
III. The meetings of the MFC will be held at least 4 times a year. |
A) II only
B) I and II
C) I, II and III
D) II and III
Correct Answer: D
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