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The primary objective of RBI's monetary policy is to maintain:
APrice stability
BFull employment
CFixed exchange rate
DHigh bank profits
Answer & Solution
Correct answer: A. Price stability
1. The RBI Act sets the objective.
2. Growth is kept in mind, but it is secondary.
3. The primary objective is price stability.
_Source: Reserve Bank of India, Monetary Policy function overview (rbi.org.in)._
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