Q. In India which one of the following is responsible for maintaining for prices stability by controlling inflation?

[A] Department of Consumer Affairs

[B] Expenditure Management Commission

[C] Financial Stability and Development Council

[D] Reserve Bank of India

Answer: D
Notes:

Exp: option d is the correct answer.

Reserve Bank of India is India’s central bank has key function to keep check on the inflation by use of monetary policy in forms of qualitative and quantitative measures.
Source: https://rbidocs.rbi.org.in/rdocs/Content/PDFs/FUNCWWE080910.pdf

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