Which of the following statements is/are correct regarding the Monetar – McqOptions

MCQOPTIONS

1.	Which of the following statements is/are correct regarding the Monetary Policy Committee (MPC)?1. It decides the RBI's 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
Answer» B. 1 and 2 only

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