Subject: Economics
Book: Comprehensive Indian Economy
Monetary policy revolves around regulating the money supply and interest rates to achieve price stability and sustainable growth. The Reserve Bank of India (RBI) uses tools like the repo rate, reverse repo rate, CRR, and open market operations to manage liquidity and inflation. Notably, an inflation-targeting framework was introduced to ensure accountability, with a Monetary Policy Committee deciding rate changes. From an exam viewpoint, remember how policy stances (accommodative, neutral, or hawkish) affect credit availability and consumer spending, and track how inflation targets guide RBI decisions in balancing growth with price stability.
What is the main function of the Reserve Bank of India (RBI)?
View QuestionWhat does the term “national income” refer to?
View QuestionWhich of the following is NOT an example of a direct tax?
View QuestionWhat is the meaning of “dumping” in international trade?
View QuestionWhich of the following measures can reduce a trade deficit?
View QuestionWhat is meant by “liquidity trap”?
View QuestionWhat is meant by “monetary policy”?
View QuestionWhat is the purpose of the "Minimum Support Price" (MSP) in India?
View QuestionWhich of the following is an example of a non-renewable resource?
View QuestionWhat does the “Phillips Curve” show?
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