Multiple choice

Directions: Choose the correct option for the given question.

Interest Rate Policy is a part of

  1. Fiscal Policy

  2. Industrial Policy

  3. Monetary Policy

  4. None of these
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Interest Rate Policy is a key instrument of Monetary Policy, which is implemented by the Reserve Bank of India. Monetary Policy controls money supply and interest rates to achieve economic objectives like price stability and growth.

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