With reference to inflation in India, which of the following statements is correct?
Options
(a)Controlling the inflation in India is the responsibility of the Government of India only
(b)The Reserve Bank of India has no role in controlling the inflation
(c)Decreased money circulation helps in controlling the inflation
(d)increased money circulation helps in controlling the inflation
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Class 12Money and Banking— NCERT Economics, Chapter 3. Money is the commonly accepted medium of exchange that removes barter's need for a double coincidence of wants; it is also a unit of account and a store of value.…
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