In India, which one of the following is responsible for maintaining price stability by controlling inflation?
Question:
In India, which one of the following is responsible for maintaining price stability by controlling inflation?
In India, which one of the following is responsible for maintaining price stability by controlling inflation?
Options
Answer: Reserve Bank of India
Explanation:
RBI is responsible for price stability and inflation targeting through its monetary policy framework under the RBI Act, 1934 (amended 2016).
Explanation:
RBI is responsible for price stability and inflation targeting through its monetary policy framework under the RBI Act, 1934 (amended 2016).
👉 Want AI explanation? Open in MCQ App
Recommended articles
- Medical Benefits Daily Mcq Practice Upsc — As a medical professional, I've witnessed firsthand how consistent learning patterns affect cognitive function. Daily MCQ practice isn't just about…
- Top 10 Daily Current Affairs Resources For Upsc Aspirants — Discover the best daily current affairs resources for UPSC 2026. Complete guide with The Hindu, PIB, Sansad TV, and 7 more proven sources. Expert…
- How To Cover Current Affairs For Upsc Prelims — Master UPSC Current Affairs with daily newspaper reading, Vision IAS monthly compilations, PT 365, and MCQ practice. Complete strategy guide for Prelims…