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

Question

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

Options:

A . The Reserve Bank of India has no role in controlling the inflation

B . Controlling the inflation in India is the responsibility of the Government of India only

C . Decreased money circulation helps in controlling the inflation

D . Increased money circulation helps in controlling the inflation

Answer: Option C
Answer: (c)When inflation becomes very high, the RBI decreases supply of money (to check inflation) by adopting light monetary policy.

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