RBI has made the following changes on the basis of URJIT PATEL COMMITTEE recommendations 1 ...........

Economic Affairs Money Supply and Monetary Policy

RBI has made the following changes on the basis of URJIT PATEL COMMITTEE recommendations;

1. The headline growth from now on will be measured by GDP at current market prices

2. all fixed income financial products will be liable for TDS.

3. Inflation target fixed at 4% only

Choose the correct answer from the codes below

1 only

2 only

1 and 2

All of these

first statement is correct but it wasn’t given by the said committee; inflation target has a range of (+/-)2%

Submit Error