Who regulates money supply ?
Goverenment of India
Reserve Bank of India
Commercial Banks
Niti Ayog
Answers
Answered by
1
Answer:
The Reserve Bank of India (RBI) is vested with the responsibility of conducting monetary policy. This responsibility is explicitly mandated under the Reserve Bank of India Act, 1934.
Now the Repo rate is 5.75%. Reserve Bank of India (RBI) as Central Bank of the country is the monetary authority and the major Role of RBI is of a controller of credit.
Answered by
7
Answer:
Reserve Bank of India..✌
Similar questions