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According to the Treaty on the Functioning of the European Union, which statement accurately describes the primary objective and institutional independence of the European Central Bank?
A
Under the original Maastricht framework, full employment took precedence over price stability, and independence was only a political commitment rather than a treaty obligation.
B
Monetary policy decisions require a qualified majority vote in the Council, subject to prior approval by the European Parliament.
C
To maintain price stability as its primary objective, with Union institutions and Member State governments legally required to respect its independence.
D
The European Commission shall define and implement monetary policy, while the Council alone guarantees its operational independence.
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