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      Question

      In Which of the following year, the RBI Act, 1934 was

      amended to provide a statutory basis for the implementation of the flexible inflation targeting framework?
      A 2014 Correct Answer Incorrect Answer
      B 2015 Correct Answer Incorrect Answer
      C 2016 Correct Answer Incorrect Answer
      D 2017 Correct Answer Incorrect Answer
      E 2018 Correct Answer Incorrect Answer

      Solution

      In May 2016, the RBI Act, 1934 was amended to provide a statutory basis for the implementation of the flexible inflation targeting framework.

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