CBSE 2023 Class 12 Economics Outside Delhi Set 1
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Question : 13 of 52
Marks:
+1,
-0
_______ formulates the Monetary Policy in the economy.
(Fill up the blank with correct alternative)
(Fill up the blank with correct alternative)
Solution:
(c) Central Bank
Explanation: Apex monetary authority of a country is Central Bank (RBI in India). It has the exclusive authority to formulate and implement the monetary policy in the country.
Explanation: Apex monetary authority of a country is Central Bank (RBI in India). It has the exclusive authority to formulate and implement the monetary policy in the country.
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