top of page
< Back

Question

In India, which one of the following is responsible for maintaining price stability by controlling inflation ?
(a) Department of Consumer Affairs
(b) Expenditure Management Commission
(c) Financial Stability and Development Council
(d) Reserve Bank of India

Answer:

D

To suggest corrections, send feedback using feedback button in top menu.

To suggest corrections, use feedback icon on top menu.

Explanation:

As per the RBI act amendment of 2016, inflation control is the responsibility of RBI. Presently they are trying to control the inflation between 2 to 6% CPI (All India). Option (d) is correct.

0

How was this explanation?

  • Telegram
  • Instagram
  • YouTube

© 2035 by TinkerChild.

bottom of page