UPSC 2015EconomyModerate

With reference to inflation in India, which of the following statements is correct?

a
Controlling the inflation in India is the responsibility of the Government of India only
b
The Reserve Bank of India has no role in controlling the inflation
c
Decreased money circulation helps in controlling the inflation
d
Increased money circulation helps in controlling the inflation
InflationInflation Control MeasuresInflationIndiamoney circulationReserve Bank of IndiaGovernment of Indiamonetary policyfiscal policy

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