List of top Economics Questions on Monetary and Fiscal Policy of India and its role

RBI controls the credit in economy by: A. Change in CRR, B. Change in SLR, C. Change in Bank Rate, D. Open market operations, E. Credit Rationing.

The Transmission Mechanism process follow different stages: A. Change in real money supply, B. Spending adjusts to change in interest rate, C. Portfolio adjustment, D. Output adjusts to the change in aggregate demand, E. Change in asset price and interest rate.

Which institution formulates monetary policy?