Multiple choice general knowledge

Which of the following rates is not decided by the reserve bank of India?

  1. Bank interest rate

  2. Repo rate

  3. Reserve repo rate

  4. Income tax rates

  5. All of these
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The Reserve Bank of India controls monetary policy tools like repo rate, reverse repo rate, and bank rate. Income tax rates are fiscal policy determined by the government through the annual budget process, not by the RBI.

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