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Impact of RBI's Monetary Policy for the Last Two Decades and Medium Te
Essay specific features
Written by:
Gloria K
Date added:
December 22, 2014
Level:
University
Grade:
A
No of pages / words:
4 / 942
Was viewed:
9481 times
Rating of current essay:
Essay content:
It deals with both the lending and borrowing rates of interest for commercial banks. The Monetary Policy aims to maintain price stability, full employment and economic growth. The Reserve Bank of India is responsible for formulating and implementing Monetary Policy. It can increase or decrease the supply of currency as well as interest rate, carry out open market operations, control credit and vary the reserve requirements...
displayed 300 characters
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It deals with both the lending and borrowing rates of interest for commercial banks. The Monetary Policy aims to maintain price stability, full employment and economic growth. The Reserve Bank of India is responsible for formulating and implementing Monetary Policy. It can increase or decrease the supply of currency as well as interest rate, carry out open market operations, control credit and vary the reserve requirements...
displayed 300 characters
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