Current Affairs - Banking - Discussion
Discussion Forum : Banking - Latest Current Affairs (Q.No. 447)
447.
In accordance with the RBI Act, the central bank is required to make a report to the government if the inflation target is not maintained for how many quarters?
Answer: Option
Explanation:
Under section 45ZN of the RBI Act, the central bank is required to submit a report to the government explaining the reasons and remedial actions it would take, in case of failure to maintain its inflation target for three consecutive quarters.
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