Monetary policy in India is implemented by ____________ : (a) SBI (b) RBI (c) Ministry of finance (d) Planning commission
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Monetary Policy of India is formulated and executed by reserve bank of India (RBI)to achieve specific. The availability of money for achieving specific objectives. economy.
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Explanation:
Monetary policy of India. Monetary policy is the process by which the monetary authority of a country, generally the central bank, controls the supply of money in the economy by its control over interest rates in order to maintain price stability and achieve high economic growth.
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