Which agency regulates the money supply in India?

CA Foundation · Business Economics · RTP · January 2025
Which agency regulates the money supply in India?
(A) A. The Government of India
(B) B. Commercial banks
(C) C. Reserve Bank of India
(D) D. None of the above

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Reserve Bank of India

Topics: Money Market

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