Economics · Economy
Which institution/organisation is responsible for formulating India's monetary policy?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Ministry of Finance
- 2Reserve Bank of India (RBI)✓
- 3NITI Aayog
- 4Securities and Exchange Board of India (SEBI)
Correct answer
Reserve Bank of India (RBI)
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