All Exams Test series for 1 year @ ₹349 only
Question

The major objective of monetary policy is to

This question was previously asked in
SSC CGL 2016 (Tier 1) Previous Year Question Paper (11-Sep-2016) (Shift 2)
The correct answer is

Promote economic growth with price stability

The main objective of monetary policy is to promote economic growth with price stability, ensuring that inflation is controlled while fostering economic expansion. Therefore, the correct answer is "Promote economic growth with price stability."

Was this answer helpful?

Similar Questions

  1. Which one is not included in Non-Banking Financial Institutions (NBFIs)?

  2. What is the role of "Ombudsman" in a bank?

  3. A wholly owned subsidiary of the Reserve Bank is responsible for the production of bank notes and manages 2 presses, one each in Mysore and Salboni respectively. What is the name of the subsidiary?

  4. If Reserve Bank of India reduces the cash reserve ratio, it will:

  5. What is a bank rate?

  6. Open Market Operations refer to __________ .

  7. Which of the following is done at a Stock Exchange?

  8. The headquarters of RBI is in:

  9. Scheduled bank is a bank which is ....

  10. What are gilt-edged securities?


Important Questions from Banking

  1. What is the thinking behind adapting the “sky blue” coloured theme in the Economic Survey 2018-19?

  2. What is the meaning of reverse repo rate?

  3. The RBI launched the Lead Bank Scheme (LBS) to mobilise deposits and step-up lending to weaker sections of the economy. When was the scheme launched?
  4. Which one is not included in Non-Banking Financial Institutions (NBFIs)?

  5. What is the role of "Ombudsman" in a bank?

Need Expert Advice?
Upcoming Exams
SSC CGL
September 30, 2026
UPSSSC PET
October 23, 2026
Test Series
SSC CGL img
SSC
SSC CGL (Tier I + Tier II) 2026 Mock Test Series - Latest Pattern
2503 Tests 6 Tests Free
5365 Attempts
4.2(868)
English, Hindi

Start Your Preparation with Prepp Mobile App

Download the app from Google Play & App Store
Download the app from Google Play & App Store
Prepp Mobile App