Economics · Monetary Policy
Which entity is constitutionally/statutorily responsible for formulating and implementing Monetary Policy in India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Ministry of Finance
- 2NITI Aayog
- 3Reserve Bank of India (RBI)✓
- 4Financial Stability and Development Council
Correct answer
Reserve Bank of India (RBI)
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