Monetary Policy Authority
XAT 2013 · General Knowledge · Easy · Economy
Which of the following bodies decide the monetary policy in India?
- A.
Reserve Bank of India
- B.
Ministry of Finance
- C.
Ministry of Commerce
- D.
Ministry of Finance and Commerce
- E.
Planning Commission
Answer
A
Explanation
The Reserve Bank of India (RBI) formulates and executes the monetary policy in India.
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