Which of the following is a primary objective of India's monetary policy?

CA Foundation · Business Economics · MTP · January 2025
Which of the following is a primary objective of India's monetary policy?
(A) A. To reduce the overall level of taxation in the economy
(B) B. To control the money supply and curb inflation
(C) C. To promote export-led growth through currency devaluation
(D) D. To ensure a balanced budget for the government

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. To control the money supply and curb inflation

Topics: Money Market

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