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    Question

    Monetary policy in India is formulated

    by:
    A Ministry of Finance Correct Answer Incorrect Answer
    B Reserve Bank of India (RBI) Correct Answer Incorrect Answer
    C Securities and Exchange Board of India (SEBI) Correct Answer Incorrect Answer
    D Planning Commission (NITI Aayog) Correct Answer Incorrect Answer
    E State Bank of India Correct Answer Incorrect Answer

    Solution

    The RBI is the central bank of India responsible for formulating and implementing monetary policy to maintain price stability and ensure adequate credit flow.

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