Which institution is responsible for conducting monetary policy in India?

Explanation: The Reserve Bank of India is India's central bank and is responsible for formulating and implementing monetary policy, including policy-rate decisions under the monetary policy framework. Revision topic: Indian Economy. This is an original practice MCQ, not an exact previous-year question. #UPSCPrelims #UPSCMCQ #IndianEconomy #RBI #MonetaryPolicy #CivilServicesPreparation #UPSCRevisi…