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Amendment of section 58

Clause 220 - Bills - MISCELLANEOUS PART I- AMENDMENTS TO THE RESERVE BANK OF INDIA ACT, 1934. - Bill - Clause 220 - 220. In section 58 of the principal Act, in sub-section (2), after clause (q), the following clauses shall be inserted, namely:- (qa) .....

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etings and related matters of the Monetary Policy Committee under sub-section (12) of section 45ZI; (qd) the particulars and the frequency of publication of document under sub-section (2) of section 45ZJ; (qe) the form and contents of the Monetary Po .....

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definitions to the expressions Consumer Price Index , inflation , Monetary Policy Committee . It is further proposed to insert a new Chapter IIIF in the Act consisting of sections 45Z to 45-O relating to monetary policy to meet the challenge of an i .....

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onsumer Price Index, once in every five years; (ii) the Central Government may constitute a Committee to be called the Monetary Policy Committee of the Bank which shall consist of the Governor of the Reserve Bank of India as a Chairperson, Deputy Gov .....

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