Answer:
Reserve Bank of India is the authority to control inflation through monetary policies which it does by increasing bank rates, repo rates, cash reserve ratio, buying dollars, regulating money supply and availability of credit.
Reserved bank of India is the authority to control inflation through monetary policy.
Explanation:
It is done by increasing bank rates, repo rates, cash reserve ratio, buying dollar and availability of credit.
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Answers & Comments
Answer:
Reserve Bank of India is the authority to control inflation through monetary policies which it does by increasing bank rates, repo rates, cash reserve ratio, buying dollars, regulating money supply and availability of credit.
Verified answer
Answer:
Reserved bank of India is the authority to control inflation through monetary policy.
Explanation:
It is done by increasing bank rates, repo rates, cash reserve ratio, buying dollar and availability of credit.