As we read every now and then, the Monetary and Credit Policy is reviewed and changes/corrections are made frequently. Who amongst the following exactly takes this decision in India?

Deputy Chairman, Planning Commission

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Prime Minister

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Finance Minister

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Reserve Bank of India

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Solution

The correct option is D Reserve Bank of India
RBI is the Central bank of India. It is the apex bank. The monetary and credit policy is reviewed by RBI. it also looks after the deviations made in credit and monetary policy.

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As we read every now and then, the Monetary and Credit Policy is reviewed and changes/corrections are made frequently. Who amongst the following exactly takes this decision in India?

The correct option is D Reserve Bank of IndiaRBI is the Central bank of India. It is the apex bank. The monetary and credit policy is reviewed by RBI. it also looks after the deviations made in credit and monetary policy.

The correct option is D Reserve Bank of India
RBI is the Central bank of India. It is the apex bank. The monetary and credit policy is reviewed by RBI. it also looks after the deviations made in credit and monetary policy.