Question

Who frames the monetary policy of India?

Answer 1

Answer:

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Explanation:

Monetary policy refers to the policy of the central bank with regard to the use of monetary instruments under its control to achieve the goals specified in the Act. The Reserve Bank of India (RBI) is vested with the responsibility of conducting monetary policy.

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Answer 2

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Instruments of Monetary Policy and the Reserve Bank of India. The RBI is the main body that controls the monetary policy in India. They control the flow of money into the market through various instruments of monetary policy. This helps the RBI control the inflation and liquidity in the economy.