Under which act, the minutes of the Monetary Policy Committee Meeting are released?

• A. Reserve Bank of India Act
• B. Monetary Policy Act
• C. Banking Regulation Act
• D. Payment and Settlement Act

Answer: (A)

In section 45ZL of the Reserve Bank of India Act, 1934, the Reserve Bank publishes the minutes of the proceedings of the meeting on the fourteenth day after every meeting of the Monetary Policy Committee.