Question

As per the Reserve Bank of India Act, the Central Government shall, in consultation with the Bank, determine the inflation target in terms of the Consumer Price Index, once in every ________ years.

A Five Correct Answer Incorrect Answer
B Six Correct Answer Incorrect Answer
C Seven Correct Answer Incorrect Answer
D Eight Correct Answer Incorrect Answer
E Nine Correct Answer Incorrect Answer

Solution

As per the Reserve Bank of India Act, the Central Government shall, in consultation with the Bank, determine the inflation target in terms of the Consumer Price Index, once in every five years.

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