Economics · Monetary Policy
Which of the following statements is/are correct regarding the Monetary Policy framework in India? (A) RBI changes the repo rate every month to control the money supply in the economy. (B) Any change in the repo rate by RBI acts as a signal to commercial banks to revise their interest rates on deposits and loans.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Neither (A) nor (B)
- 2Both (A) and (B)
- 3Only (B)✓
- 4Only (A)
Correct answer
Only (B)
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