IBPS RRB GBO Practice Questions - IBPS RRB Group B Officer Officer Scale II (General Banking Officer) Exam

Which of the following is the primary objective of the Reserve Bank of India's Monetary Policy Committee (MPC)?

To maximize credit disbursement by commercial banks To maintain price stability while keeping in mind the objective of growth To directly regulate the pricing of initial public offerings To manage the fiscal deficit of the Central Government

Correct Answer:

To maintain price stability while keeping in mind the objective of growth

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