The ____ is vested with the responsibility of conducting monetary policy of India.
Reserve Bank of India (RBI)
The correct answer is option 2. The Reserve Bank of India (RBI) is responsible for conducting monetary policy in India, regulating interest rates, and managing the money supply to ensure economic stability.
Important Questions from Reserve Bank of India
Reserve Bank of India became the first central bank in the world to have more than one million followers on ______ in November 2020
Which of the following is regarded as a supervisory function of the Reserve Bank of India?
Coins in India are minted by
Who was the RBI (Reserve bank of India) governor during demonetisation the year 2016?
Which section of the RBI Act empowers the Central Government to supersede the RBI board and issue directions considered to be ‘necessary in public interest’ to the RBI, after consulting the Governor of the bank?
