Economics · Indian Economy
Which of the following entities is responsible for formulating and implementing Monetary Policy in India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1State Bank of India (SBI)
- 2Reserve Bank of India (RBI)✓
- 3NITI Aayog
- 4Ministry of Finance
Correct answer
Reserve Bank of India (RBI)
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