Answer: B

Explanation:

In India, the Goods and Services Tax (GST) Council is chaired by the Union Finance Minister. It was established on September 12, 2016. This council has been formed under Article 279-A of the Indian Constitution which consists of 33 members. The first chairperson of the GST Council was Arun Jaitley and its current chairperson is Nirmala Sitharaman. Hence, option (b) is correct.

Answer: D

Explanation:

Monetary Policy Committee is a committee constituted by the Government of India, which was formed on June 27, 2016 to make interest rate determination more useful and transparent. Hence option (d) is correct.

Answer: A

Explanation:

Monetary Policy Committee is responsible for controlling inflation in India. The Monetary Policy Committee (MPC) consists of a total of 6 members. Of these, 3 members are nominated by the Reserve Bank of India (RBI) and 3 members are nominated by the Government of India. Reserve Bank of India (RBI) The Governor is its chairman. This committee meets at least 4 times a year and decides the policy repo rate. Hence, option (a) is correct.

Answer: B

Explanation:

Retail Price Index (CPI) is used in determining monetary policy. It is a measure that reflects changes in the prices of consumer goods and services over a certain time period. It is the most important index to measure inflation in India. The Reserve Bank of India (RBI) uses monetary policy to control inflation. Hence option (b) is correct.

Answer: C

Explanation:

The Golden revolution is related to the production of honey and horticulture. It is a part of the important agricultural revolutions of India. Nirpakh Tutej is considered to be the Father of The Golden Revolution in India. It was started in 1991 and lasted till 2003. Nirpakh Tutaj is known as the father of Golden Revolution. Hence, option (c) is correct.