Question:
The monetary policy is formulated by the ____ in the Indian economy.
The monetary policy is formulated by the ____ in the Indian economy.
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In most economies, the central bank is responsible for monetary policy, which aims to stabilize inflation and support economic growth.
Updated On: Jun 19, 2025
- Central Government
- State Governments
- Reserve Bank of India
- World Bank
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The Correct Option is C
Solution and Explanation
The Reserve Bank of India (RBI) formulates the monetary policy in India. It controls the money supply and interest rates to regulate the economy.
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