PYQ Bank — Bank PO / Clerk

Direct intervention in commodity markets to control prices is not a primary monetary policy tool of the RBI; it falls more under the domain of supply-side management and government policy.

The RBI's primary tools are OMO (buying/selling securities), CRR (changing reserve requirements), and policy rate adjustments (Repo and Reverse Repo), which influence money supply and credit availability in the economy.

Commodity price management is typically handled through supply-side measures like buffer stocks, subsidies, or trade policy rather than RBI's monetary actions.

The RBI's focus on these monetary tools reflects its mandate of price stability rather than direct market intervention.

China has become the world's largest producer of renewable energy, with massive investments in solar and wind power installations.

Despite being a major coal consumer, China now leads in absolute renewable energy capacity and generation.

This reflects the global shift towards sustainable energy, though China still relies heavily on fossil fuels for overall energy consumption.