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    Question

    In Which of the following year, the RBI Act, 1934 was

    amended to provide a statutory basis for the implementation of the flexible inflation targeting framework?
    A 2014 Correct Answer Incorrect Answer
    B 2015 Correct Answer Incorrect Answer
    C 2016 Correct Answer Incorrect Answer
    D 2017 Correct Answer Incorrect Answer
    E 2018 Correct Answer Incorrect Answer

    Solution

    In May 2016, the RBI Act, 1934 was amended to provide a statutory basis for the implementation of the flexible inflation targeting framework.

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