Preliminary exam General Studies April 07

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MCQ
GS

1. With reference to “Monetary Policy Committee” consider the following statements:

  1. The Governor of RBI is ex-officio Chairman of this committee
  2. It’s a statutory framework under the Reserve Bank of India Act, 1934
  3. Raghuram Rajan in 2014 recommended the establishment of this Committee

How many of the above statements is/are correct?