Economics · Monetary Policy Committee and Banking
The Monetary Policy Committee (MPC) of India is primarily tasked with:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Fixing the benchmark policy repo rate to achieve the inflation target✓
- 2Regulating the stock markets and commodities trading
- 3Formulating the annual fiscal policy and union budget of India
- 4Auditing public sector banks and public debt
Correct answer
Fixing the benchmark policy repo rate to achieve the inflation target
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