Under which act, the minutes of the Monetary Policy Committee Meeting are released?
Monetary Policy Act
Reserve Bank of India Act
Payment and Settlement Act
Banking Regulation Act
Correct Answer :
B. Reserve Bank of India Act
In section 45ZL of the Reserve Bank of India Act, 1934, the Reserve Bank publishes the minutes of the proceedings of the meeting on the fourteenth day after every meeting of the Monetary Policy Committee.
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