Question

As per the Monetary Policy Framework Agreement signed between the Government of India and the Reserve bank of India in 2015, what is the primary objective of the monetary policy?

A Regulating the creation and supply of money in the economy
B Maintain the repo rate, cash reserve ratio and statutory liquidity ratio for inflation targeting
C Maintaining adequate foreign exchange reserves which can be beneficial in the times of economic crisis
D Maintaining price stability, while keeping the objective of growth in mind
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