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Monetary policy means regulation of money supply by the monetary authority. - Economic Applications

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Question

Monetary policy means regulation of money supply by the monetary authority.

Options

  • True

  • False

MCQ
True or False

Solution

This statement is True.

Explanation:

Monetary policy is how the central bank or other monetary body of a country controls the amount of money in the economy and interest rates. 

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Role of State in Economic Development
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Chapter 6: The State and Economic Development - QUESTIONS [Page 164]

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Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 6 The State and Economic Development
QUESTIONS | Q 12. | Page 164
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