It is 28th January, Meena and Ritu are discussing about government budget which is going to be presented in the Parliament on 1st February. Ritu said, " We must listen to the government budget live as it is an important monetary policy instrument.". What do you think about Ritu's statement?

The statement is false

The correct answer is Option 2: The statement is false

Government budget falls under the "Fiscal" policies of the government and not monetary policies. "Monetary" policy refers to a set of actions by RBI to control a nation's overall money supply.