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Question

Which among the following are the recommendations of the Urjit Patel Committee report on monetary policy?

I. Curtailment of the fiscal deficit.

II. Inflation anchor at four percent.

III. Providing adequate liquidity in the money and capital market.

IV. Pegging the exchange value of Indian Currency.

Select the answer from the code below:

Codes:

A I, II and III Correct Answer Incorrect Answer
B II and IV Correct Answer Incorrect Answer
C III and IV Correct Answer Incorrect Answer
D I, II and IV Correct Answer Incorrect Answer
E I and II Correct Answer Incorrect Answer

Solution

Curtailment of the fiscal deficit, Inflation anchor at four percent and providing adequate liquidity in the money and capital market

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