Economics · Indian Economy

Which entity is responsible for conducting and executing monetary policy in India through the Monetary Policy Committee (MPC)?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1NITI Aayog
2State Bank of India (SBI)
3Reserve Bank of India (RBI)✓
4Ministry of Finance

Correct answer

Reserve Bank of India (RBI)

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Which entity is responsible for conducting and executing monetary policy in India through the Monetary Policy Committee (MPC)?

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Which entity is responsible for conducting and executing monetary policy in India through the Monetary Policy Committee (MPC)?

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