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Consider the following statements.
- RBI raise the cost of money as well as cut down the amount of money in the financial system to control retail inflation.
- Since Jan 2019, retail inflation in India has been above the RBI’s target rate of 4%.
- The Monetary Policy Committee (MPC) of the RBI sits once every two months to review its policy stance.
Which of the above statements is/are correct?
- a)1 only
- b)1, 3
- c)1, 2
- d)2, 3
Correct answer is option 'B'. Can you explain this answer?
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Consider the following statements. RBI raise the cost of money as well...
RBI will raise the cost of money (that is, raise the interest rate) as well as cut down the amount of money in the financial system (that is, curb the liquidity) in a bid to control retail inflation.
The Monetary Policy Committee (MPC) of the RBI sits once every two months — typically in February, April, June, August, October and December — to review its policy stance. Once in a while, in times of emergency, as it happened in early 2020 when Covid broke, the RBI meets off-cycle and announces a tweak to its policy stance.
The Monetary Policy Committee (MPC) of the RBI sits once every two months — typically in February, April, June, August, October and December — to review its policy stance. Once in a while, in times of emergency, as it happened in early 2020 when Covid broke, the RBI meets off-cycle and announces a tweak to its policy stance.
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Consider the following statements. RBI raise the cost of money as well as cut down the amount of money in the financial system to control retail inflation. Since Jan 2019, retail inflation in India has been above the RBI’s target rate of 4%. The Monetary Policy Committee (MPC) of the RBI sits once every two months to review its policy stance.Which of the above statements is/are correct?a)1 onlyb)1, 3c)1, 2d)2, 3Correct answer is option 'B'. Can you explain this answer?
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Consider the following statements. RBI raise the cost of money as well as cut down the amount of money in the financial system to control retail inflation. Since Jan 2019, retail inflation in India has been above the RBI’s target rate of 4%. The Monetary Policy Committee (MPC) of the RBI sits once every two months to review its policy stance.Which of the above statements is/are correct?a)1 onlyb)1, 3c)1, 2d)2, 3Correct answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements. RBI raise the cost of money as well as cut down the amount of money in the financial system to control retail inflation. Since Jan 2019, retail inflation in India has been above the RBI’s target rate of 4%. The Monetary Policy Committee (MPC) of the RBI sits once every two months to review its policy stance.Which of the above statements is/are correct?a)1 onlyb)1, 3c)1, 2d)2, 3Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements. RBI raise the cost of money as well as cut down the amount of money in the financial system to control retail inflation. Since Jan 2019, retail inflation in India has been above the RBI’s target rate of 4%. The Monetary Policy Committee (MPC) of the RBI sits once every two months to review its policy stance.Which of the above statements is/are correct?a)1 onlyb)1, 3c)1, 2d)2, 3Correct answer is option 'B'. Can you explain this answer?.
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Consider the following statements. RBI raise the cost of money as well as cut down the amount of money in the financial system to control retail inflation. Since Jan 2019, retail inflation in India has been above the RBI’s target rate of 4%. The Monetary Policy Committee (MPC) of the RBI sits once every two months to review its policy stance.Which of the above statements is/are correct?a)1 onlyb)1, 3c)1, 2d)2, 3Correct answer is option 'B'. Can you explain this answer?, a detailed solution for Consider the following statements. RBI raise the cost of money as well as cut down the amount of money in the financial system to control retail inflation. Since Jan 2019, retail inflation in India has been above the RBI’s target rate of 4%. The Monetary Policy Committee (MPC) of the RBI sits once every two months to review its policy stance.Which of the above statements is/are correct?a)1 onlyb)1, 3c)1, 2d)2, 3Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of Consider the following statements. RBI raise the cost of money as well as cut down the amount of money in the financial system to control retail inflation. Since Jan 2019, retail inflation in India has been above the RBI’s target rate of 4%. The Monetary Policy Committee (MPC) of the RBI sits once every two months to review its policy stance.Which of the above statements is/are correct?a)1 onlyb)1, 3c)1, 2d)2, 3Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
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