EPFO EO/AO 2023 • General Ability Test • Q.111

EPFO EO/AO 2023General Ability Test • Q.111
EPFO EO/AOGeneral Ability Test2023 • Q.111
Indian EconomyMedium
Statement I
In India, Central Government determines the inflation target, in consultation with Reserve Bank of India, in terms of Consumer Price Index once in five years.
Statement II
At present, the Monetary Policy framework in India is operated by Central Government.
2023 EPFO EO/AOGeneral Ability Test

Syllabus Connection

Fiscal/Monetary Policy & Financial System: Fiscal policy (budget, fiscal deficit), monetary policy (tools, RBI functions), banking system & NBFCs, Finance Commission (functions & role). (APFC)

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