Question

The stance of RBI monetary policy is ________.

• A. inflation control with adequate liquidity for growth
• B. improving credit quality of the Banks
• C. strengthening credit delivery mechanism
• D. any of the above

Answer 1

The correct option is D any of the above

The stance of RBI monetary policy is to control inflation with adequate liquidity for growth, improve credit quality of the commercial banks and strengthen credit delivery mechanism. RBI is the apex bank. It has the power to control the functions of the commercial banks. It implements policies to maintain economic growth and economic stability.