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.
reserve bank of India frames monetary policy
reserve bank of india frames monetary policy
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.
Finance ministry
Alka Agarwal has written: 'Inter-dependence of monetary & fiscal policies' -- subject(s): Fiscal policy, India, Monetary policy
Giriraj Prasad Gupta has written: 'The Reserve Bank of India and monetary management' -- subject(s): India, Monetary policy, Reserve Bank of India
Reserve Bank Of India
India opted for mixed economy in this policy.
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.
what is the basic monetary unit (currency) in india.
means latest crr, repo rate,revers repo rate, bank rate ,slr
Just refer intrenet thanks