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Question

The role of Monetary Policy Committee is to


Your Answer
A
decide tax rates and tax slabs
Your Answer
B
decide fiscal policy
Your Answer
C
fix import and export duties and subsidies
Correct Answer
D
fix benchmark interest rate in India
Your Answer
E
to fix the minimum alternate tax

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.

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