Multiple choice general knowledge

Interest Rate Policy is a part of?

  1. Fiscal Policy

  2. Industrial Policy

  3. Monetary Policy

  4. Credit Policy
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Interest rate policy is a core component of monetary policy, implemented by the central bank (RBI in India). It regulates borrowing costs to control money supply, inflation, and economic growth. Fiscal policy involves taxation and spending, not interest rates.

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