Prostuti360°Prostuti360°
Log in

WBCS Main Examination 2023 — Paper V: Indian Constitution and Economy · Question 176 of 200

Q176
Indian EconomyMoney, Banking & Financial Institutions
Which of the following monetary policy of the Reserve Bank of India does not aim at?
  1. a.Maintaining stability in the foreign exchange rates
  2. b.Promoting financial stability
  3. c.Ensuring a controlled rate of credit expansion
  4. d.Ensuring revenue-expenditure balance in the budget of the Central Government

Answer: (D) Ensuring revenue-expenditure balance in the budget of the Central Government

Balancing the Central Government's revenue and expenditure is a fiscal-policy goal of the Government, not an aim of the RBI's monetary policy. Exchange-rate stability, financial stability and controlled credit expansion are all monetary-policy objectives.

Q175 Whole paperQ177