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प्रश्न
In India, which institution is responsible for the formulation and implementation of monetary policy?
विकल्प
State Bank of India
Ministry of Finance
Reserve Bank of India
NITI Aayog
MCQ
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उत्तर
Reserve Bank of India
Explanation:
The Reserve Bank of India (RBI) is the central bank of the country and is entrusted with the responsibility of conducting monetary policy under the RBI Act, 1934.
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