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प्रश्न
What is this policy called that controls the credit supply in an economy?
संक्षेप में उत्तर
उत्तर
- Monetary policy refers to the policy that manages an economy's credit supply.
- The central bank uses this policy to regulate the money supply, limit inflation, stabilise the currency, and affect interest rates, all of which contribute to economic activity and financial stability.
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Monetary Policy of the Central Bank
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संबंधित प्रश्न
Define qualitative credit control policy of the RBI.
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Reason (R): During inflation, RBI reduces the bank rate.
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