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______ formulates the Monetary Policy in the economy. - Economics

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प्रश्न

______ formulates the Monetary Policy in the economy.

विकल्प

  • Commercial Banks

  • International Monetary Fund

  • Central Bank

  • Central Government

MCQ
रिक्त स्थान भरें
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उत्तर

Central Bank formulates the Monetary Policy in the economy.

Explanation:

The Central Bank (RBI in India) is a country's apex monetary authority. It has sole jurisdiction in the country to create and implement monetary policy.

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