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JPSC GS Paper 1 Test 3 • JPSC GS Paper 1 Test 3
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By whom is the Monetary Policy determined in India?

1.
Ministry of Finance
2.
Monetary Policy Committee (RBI - MPC)
3.
NITI Aayog
4.
Securities and Exchange Board of India (SEBI)

Answer (Detailed Solution Below)

✓
Option 2 : Monetary Policy Committee (RBI - MPC) (Option B)
📌 Key Points & Important Facts:

The correct answer is Option 2: Monetary Policy Committee (RBI - MPC).

This question is part of the official syllabus for JPSC GS Paper 1 Test 3 under JPSC Prelims 2027. Practicing questions with authentic patterns and time limits ensures superior accuracy, speed, and confidence during actual government examinations.

Exam PaperJPSC GS Paper 1 Test 3
SectionJPSC GS Paper 1 Test 3
Total Marks200 Marks
Negative MarkingNONE Marks
Duration120 Mins
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