Reserve Bank of India Act, 1934

Section - 45ZE - Removal of Members of Monetary Policy Committee

[Removal of Members of Monetary Policy Committee.

45ZE. (1) The Central Government may remove from office any Member of the Monetary Policy Committee appointed under clause (d) of sub-section (2) of section 45ZB, who-

(a)- is, or at any time has been, adjudged as an insolvent; or
(b)- has become physically or mentally incapable of acting as a Member; or
(c)- has been convicted of an offence which, in the opinion of the Central Government, involves moral turpitude; or
(d)- has failed to adequately disclose .... To read the full section download the app from Google Play store