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    Question

    What is the primary objective of monetary policy?

    A to maintain price stability Correct Answer Incorrect Answer
    B to regulate SENSEX Correct Answer Incorrect Answer
    C to increase RBI forex reserve Correct Answer Incorrect Answer
    D to increase indian currency value Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The primary objective of monetary policy is to maintain price stability while keeping in mind the objective of growth. Price stability is a necessary precondition to sustainable growth.

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