With reference to inflation in India, which of the following statements is correct?
AControlling the inflation in India is the responsibility of the Government of India only
BThe Reserve Bank of India has no role in controlling the inflation
CDecreased money circulation helps in controlling the inflation
DIncreased money circulation helps in controlling the inflation
Answer & Solution
Correct answer: C. Decreased money circulation helps in controlling the inflation
UPSC CSE Prelims 2015 (GS-I, Set A), Q.87. Official answer key: C.
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