Amendment status not verified — confirm the current text below against the official source.
Ins. by Act 51 of 1974, s. 2 (w.e.f. 13-12-1974). 7 1* * * * * 2[(bva) “Consumer Price Index” means the Consumer Price Index Combined published by the Government of India from time to time;] 3[4[(bvi)] “Deposit Insurance Corporation” means the Deposit Insurance Corporation established under section 3 of the Deposit Insurance Corporation Act, 1961 (47 of 1961);] 5* * * * * 6* * * * * 7 [(bviiia) “Exim Bank” means the Export-Import Bank of India established under the Export-Import Bank of India Act, 1981 (28 of 1981);] 8[(bix) “foreign currency” and “foreign exchange” have the meanings respectively assigned to them in the Foreign Exchange Regulation Act, 1973 (46 of 1973); (c) “Industrial Finance Corporation” means the Industrial Finance Corporation of India established under the Industrial Finance Corporation Act, 1948 (15 of 1948);] 2[(ci) “inflation” means the year wise change in monthly Consumer Price Index expressed in terms of percentage; (cii) “inflation target” means the inflation target determined in accordance with sub-section (1) of section 45ZA;] 9[(ca) “International Development Association” means the “Association” referred to in the International Development Association (Status, Immunities and Privileges) Act, 1960 (32 of 1960); (cb) “International Finance Corporation” means the “Corporation” referred to in the International Finance Corporation (Status, Immunities and Privileges) Act, 1958 (42 of 1958); (cc) “International Monetary Fund” and “International Bank for Reconstruction and Development" means respectively the “International Fund” and the “International Bank”, referred to in the International Monetary Fund and Bank Act, 1945;] 2[(cci) “Monetary Policy Committee” means the Committee constituted under sub-section (1) of section 45ZB;] 10[ccc) “National Bank” means the National Bank for Agriculture and Rural Development established under section 3 of the National Bank for Agriculture and Rural Development Act, 1981 (61 of 1981);] 11 [(cccc) “National Housing Bank” means the National Housing Bank established under section 3 of the National Housing Bank Act, 1987 (53 of 1987);] 2[(cccci) “Policy Rate” means the rate for repo-transactions under sub-section (12AB) of section 17;] 12* * * * *