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
Correct Answer: C
Solution :
When inflation becomes very high, the RBI decreases supply of money (to check inflation) by adopting light monetary policy.You need to login to perform this action.
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