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    Question

    What is the monetary policy stance taken by RBI in

    recent review?
    A Hawkish stance Correct Answer Incorrect Answer
    B Neutral stance Correct Answer Incorrect Answer
    C Accommodative stance Correct Answer Incorrect Answer
    D Dovish stance Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    An accommodative stance means the central bank is prepared to expand the money supply to boost economic growth. RBI decided to remain accommodative while focussing on withdrawal of accommodation to ensure inflation remains within target going forward.

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