Q: Which of the following statements is correct about the chairperson of Monetary Policy Committee (MPC)?

• 1
  The chairperson of the committee is appointed by the RBI Governor
• 2
  RBI Governor is the ex officio Chairperson of the committee
• 3
  Finance Minister is the ex-officio chairperson of the committee
• 4
  The Chairperson of the committee is appointed by the Finance Minister