Question

Consider the following Statements. (

  • I The primary objective of the RBI’s monetary policy is to maintain price stability while keeping in mind the objective of growth. (I
  • I RBI Act, 1934 provides the floor inflation rate at 4%. (II
  • I The Monetary Policy committee is formed by the RBI as per the provisions of RBI Act.
A Only I
B I & II
C II & III
D I, II, and III
E None of the above
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