02.04.2025

1. It is a statutory body established under the Reserve Bank of India Act, 1934.
2. The Governor of RBI has the casting vote in case of a tie.
3. The MPC meets at least four times a year.

Which of the statements given above is/are correct?

1. It is a highly mobile, low-altitude SAM system mounted on a wheeled amphibious chassis.
2. The system can engage targets at a maximum altitude of 12 km and a range of 15 km in its base configuration.
3. It integrates radar, launcher, and missiles on a single vehicle, enabling autonomous operation.
4. The Indian Army has recently demonstrated its precision in live firing exercises against maneuverable aerial targets.