Practicing Success
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 on 1st February as it is of national significance and is an important monetary policy instrument.". What do you think about Ritu's statement? |
The statement is true The statement is false The statement is partially true The statement is partially false |
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. |