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JPSC GS Paper 1 Test 9 • JPSC GS Paper 1 Test 9
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What is the main target of the Monetary Policy Committee (MPC)?

1.
To reduce the fiscal deficit
2.
To create employment opportunities
3.
To maintain Price Stability keeping in mind the objective of growth (Inflation target 4% ± 2%)
4.
To increase foreign exchange reserves

Answer (Detailed Solution Below)

✓
Option 3 : To maintain Price Stability keeping in mind the objective of growth (Inflation target 4% ± 2%) (Option C)
📌 Key Points & Important Facts:

The correct answer is Option 3: To maintain Price Stability keeping in mind the objective of growth (Inflation target 4% ± 2%).

This question is part of the official syllabus for JPSC GS Paper 1 Test 9 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 9
SectionJPSC GS Paper 1 Test 9
Total Marks200 Marks
Negative MarkingNONE Marks
Duration120 Mins
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