LawgistThe Reserve Bank of India Act
45ZAInflation target
1[45ZA. Inflation target.--(1) The Central Government shall, in consultation with the Bank, determine the inflation target in terms of the Consumer Price Index, once in every five years.
(2) The Central Government shall, upon such determination, notify the inflation target in the Official Gazette.]
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1. Ins. by Act 28 of 2016, s. 222 (w.e.f. 27-6-2016).
MONETARY POLICY
- 45Z Provisions of this Chapter to override other provisions of Act
- 45ZA Inflation target
- 45ZB Constitution of Monetary Policy Committee
- 45ZC Eligibility and selection of Members appointed by Central Government
- 45ZD Terms and conditions of appointment of Members of Monetary Policy Committee
- 45ZE Removal of Members of Monetary Policy Committee
- 45ZF Vacancies, etc., not to invalidate proceedings of Monetary Policy Committee
- 45ZG Secretary to Monetary Policy Committee
- 45ZH Information for Monetary Policy Committee Members
- 45Z-I Meetings of Monetary Policy Committee
- 45ZJ Steps to be taken to implement decision of Monetary Policy Committee
- 45ZK Publication of decisions
- 45ZL Publication of proceedings of meeting of Monetary Policy Committee
- 45ZM Monetary Policy Report
- 45ZN Failure to maintain inflation target
- 45ZO Power to make rules
