Current Affairs · Monetary Policy
Consider the following statements regarding monetary policy developments in India: 1. In the period from April 2024 to December 2024, the Monetary Policy Committee (MPC) of the RBI kept the repo rate unchanged at 5.5 percent. 2. The primary objective of monetary policy is to maintain price stability while keeping in mind the objective of growth. Choose the correct option:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Only 1 is correct
- 2Only 2 is correct✓
- 3Both 1 and 2 are correct
- 4Both 1 and 2 are incorrect
Correct answer
Only 2 is correct
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