Multiple choice

Which of the following rates is not decided by the Reserve Bank of India?

  1. Bank Rate

  2. Repo Rate

  3. Reserve Repo Rate

  4. Income Tax Rates
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Income tax rates are determined by the government through the annual budget, not by the Reserve Bank of India. The RBI manages monetary policy rates like Bank Rate and Repo Rate.

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