3011: Which of the following statements is/are correct regarding the Monetary Policy Committee (MPC)?
1. It decides the RBIs benchmark interest rates.
2. It is a 12-member body including the Governor of RBI and is reconstituted every year.
3. It functions under the chairmanship of the Union Finance Minister.
Select the correct answer using the code given below :
(a) 1 only
(b) 1 and 2 only
(c) 3 only
(d) 2 and 3 only
3013: Match List I with List II and select the correct answer by using the codes given below the lists :
List I---------List II
I. Butler Committee Report--------- (A) Jallianwala Bagh Massacre
II. Hurtog Committee Report---------(B) Relationship between the Indian States and Paramount Power
III. Hunter Inquiry Committee Report----(C) Working of Dyarchy as laid down in the Montague-Chelmsford Reforms
IV. Muddiman Committee Report---------(D) The growth of education in British India and potentialities of its further progress
Codes:
(a) I-C, II-B, III-A, IV-D
(b) I-A, II-D, III-B, IV-C
(c) I-B, II-A, III-C, IV-D
(d) I-B, II-D, III-A, IV-C