On which one of the following policies of India has IMF supported?

Introduction of GST

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Stimulus for agriculture sector

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Concessions for foreign investment

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Tightening of monetary policy

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Solution

The correct option is C Tightening of monetary policy
International Monetary Fund is an international organisation that works to foster global money cooperation, secure financial stability, and facilitate international trade that promotes high employment and economic growth. Therefore, they supported Indian monetary policies for both quantitative as well as qualitative measure so as to achieve overall economic stability.

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