The Central authorities, on Tuesday (October 1, 2024), appointed new financial coverage committee members with quick impact.
The brand new members are Ram Singh, Saugata Bhattacharya and Nagesh Kumar. They’ve been appointed by the central authorities for a interval of 4 years.
As per the provisions of the RBI Act, the Financial Coverage Committee (MPC) consists of six members — three members from RBI and three had been appointed by the central authorities.
The three members of RBI are Governor, Deputy Governor and one officer to be nominated by the central board.
The members can be holding workplace for a interval of 4 years with quick impact or till additional orders, whichever is earlier.
Printed – October 01, 2024 08:42 pm IST