1.

Which of the following examines the current monetary policy of India?

Answer»

National Development Council
Planning Commission
Reserve Bank of India
Ministry of Finance, GOVERNMENT of India

Solution :Monetary policy Is the process by which monetarye authority of a country, GENERALLY a central bank CONTROLS the supply of money In the economy by exercising Its control over Interest rates in ORDER to maintain price stability and achieve high economic growth. In India, the central monetary authority Is the Reserve Bank of India (RBI). ILLS to designed as to maintain the price stability In the economy.


Discussion

No Comment Found