Multiple Choice Questions on As per the Monetary Policy Framework Agreement RBI would set the policy interest rates and would aim........... for UPSC Civil Services Examination (General Studies) Preparation

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Multiple Choice Questions

As per the Monetary Policy Framework Agreement RBI would set the policy interest rates and would aim...........

Economic Affairs Money Supply and Monetary Policy
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    As per the Monetary Policy Framework Agreement, RBI would set the policy interest rates and would aim to bring inflation below 6 per cent by January 2016 and within 4 per cent with a band of _____per cent for 2016-17 and all subsequent years.

    plus minus 2%

    Correct Answer

    plus minus 3%

    Incorrect Answer

    plus minus 1%

    Incorrect Answer

    plus minus 2.5%

    Incorrect Answer
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    Explanation:

    As per the Monetary Policy Framework Agreement, RBI would set the policy interest rates and would aim to bring inflation below 6 per cent by January 2016 and within 4 per cent with a band of _Plus minus 2%_ per cent for 2016-17 and all subsequent years.

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