Under whom has the Reserve Bank of India set up an expert committee to examine the current monetary policy framwork of RBT and recommend what needs to be done to revise andstrengthen it?

Under whom has the Reserve Bank of India set up an expert committee to

1.	Under whom has the Reserve Bank of India set up an expert committee to examine the current monetary policy framwork of RBT and recommend what needs to be done to revise andstrengthen it?
Answer» P.J. Nayak Urjit Patel J.P. Morgan Chetan Ghate Solution :The committee is headed by deputy governor Urjit Patel. MEMBERS Include PJ Nayak,hetan Ghate of the Indian Statistical Institute, Peter J Montie of Williams C ollege (USA ), Sajjid Chinoy of JPMorgah and Rupa Nitsure o f Bank o f Baroda. T he c om mittee Intends to REV iew the objectives and conduct of monetary policy in a GLOBALISED environment. Il will also look at the OPERATING framework and Instruments of monel ary policy particularly the multiple indicator approach and hte liquidity management framerwork.