Multiple Choice Questions on The Monetary Policy Framework has adopted inflation as the nominal anchor of monetary policy It........... for UPSC Civil Services Examination (General Studies) Preparation

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Multiple Choice Questions

The Monetary Policy Framework has adopted inflation as the nominal anchor of monetary policy It...........

Economic Affairs Money Supply and Monetary Policy
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    The Monetary Policy Framework has adopted inflation as the nominal anchor of monetary policy. It was recommended by a committee headed by:

    Nachiket Mor

    Incorrect Answer

    R.M Lodha

    Incorrect Answer

    Urjit Patel

    Correct Answer

    P.J. Nayak

    Incorrect Answer
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    Explanation:

    The current Agreement on Monetary Policy Framework has adopted inflation as the nominal anchor of monetary policy. It was recommended recently by a committee headed by Urjit Patel.

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