Economics · Monetary Policy
Consider the following statements regarding the Monetary Policy Framework in India: I. Flexible Inflation Targeting balances inflation control with growth considerations. II. The Monetary Policy Committee decisions are based solely on the RBI Governor's discretion. III. Liquidity absorption tools can help moderate inflationary tendencies in the economy. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Only II and III
- 2Only I and III✓
- 3Only II
- 4Only I
Correct answer
Only I and III
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