The role of Monetary Policy Committee is to

decide tax rates and tax slabs

No worries! We‘ve got your back. Try BYJU‘S free classes today!

decide fiscal policy

No worries! We‘ve got your back. Try BYJU‘S free classes today!

fix import and export duties and subsidies

No worries! We‘ve got your back. Try BYJU‘S free classes today!

fix benchmark interest rate in India

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

to fix the minimum alternate tax

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is D fix benchmark interest rate in India
The role of Monetary Policy Committee is to fix benchmark interest rate in India to keep inflation within a check.

Suggest Corrections

Similar questions

Q. In the Fifth Bi-monthly Monetary Policy Statement 2017-18, the Monetary Policy Committee (MPC) has decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at?

Regarding two new committees set up by the Ministry of Finance – Tax Policy Council (TPC) and Tax Policy Research Unit (TPRU) which of the statement is incorrect

Freedom in fixing prices of goods and services and the reduction in sales tax rates is ___.

How do you think reducing tax rates will improve the fiscal position of the government?

Q. Excise Duty, Customs Duty, Service Tax, Sales Tax, Purchase Tax, Entry Tax, etc. are examples of ______________.

Join BYJU'S Learning Program

The role of Monetary Policy Committee is to

The correct option is D fix benchmark interest rate in IndiaThe role of Monetary Policy Committee is to fix benchmark interest rate in India to keep inflation within a check.

The correct option is D fix benchmark interest rate in India
The role of Monetary Policy Committee is to fix benchmark interest rate in India to keep inflation within a check.