MCQ UPSC Civil Services Which institution is responsible for conducting monetary policy in India? Mayank Singh Verified commercial organization

Which institution is responsible for conducting monetary policy in India?

Explanation: The Reserve Bank of India is India's central bank and is responsible for formulating and implementing monetary policy, including policy-rate decisions under the monetary policy framework.

Revision topic: Indian Economy. This is an original practice MCQ, not an exact previous-year question.

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