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The current monetary policy in India is under the authority of the Reserve Bank of India (RBI). Some of the features of the monetary policy are price stability, controlled expansion of bank credit, promotion of fixed investment, to promote efficiency and equitable distribution of credit.

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11y ago

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Related Questions

Who framed monetary policy?

reserve bank of India frames monetary policy


Who frames Indian monetary policy?

reserve bank of india frames monetary policy


What are the tools of monetary and fiscal policy in India?

Monetary policy is a tool in India that is used the Reserve Bank to regulate interest rates. Fiscal policy in India is a tool that regulates their economy.


Who formulates the monetary policy in India?

Finance ministry


What has the author Alka Agarwal written?

Alka Agarwal has written: 'Inter-dependence of monetary & fiscal policies' -- subject(s): Fiscal policy, India, Monetary policy


What has the author Giriraj Prasad Gupta written?

Giriraj Prasad Gupta has written: 'The Reserve Bank of India and monetary management' -- subject(s): India, Monetary policy, Reserve Bank of India


Which Institution directly connected with the framing of Indian Monetary Policy?

Reserve Bank Of India


What are the Main features of industrial policy resolution 1948?

India opted for mixed economy in this policy.


What are various instruments of monetary policy used by RBI?

Some instruments of monetary policy used by the Reserve Bank of India are price stability, restriction of inventories, promotion of efficiency and reducing rigidity. By using this policy, the RBI is able to control the money supply of its country's economy.


Monetary policy of India?

means latest crr, repo rate,revers repo rate, bank rate ,slr


What is the basic monetary in India?

what is the basic monetary unit (currency) in india.


What is the importance of EXIM policy in international trade for India. Elaborate salient features of EXIM policy?

Just refer intrenet thanks

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