What are the objectives of monetary policy in developing economy?

Monetary policy

It is an important economic tool for achieving the economic goals of a nation. It is generally laid down and operated by the central bank of the country in consultation with the government. In our country, monetary policy is determined and operated by Reserve Bank of India.

Monetary Policy - Meaning and Objectives of Monetary Policy - Free ...

Monetary policy plays an important role in moulding the economic character of a country. A properly conceived monetary policy can facilitate to a great extent the economic growth of a country by adjusting the money supply to the needs of growth by directing the flow of funds into the desired productive channels.

https://www.qries.com/What-are-the-objectives-of-Monetary-Policy-in-developing-economies/answer/Daneel-Yunus

8 Comments Add yours

  1. Dulcy Singh says:

    You have elaborated very nicely πŸ‘

    Liked by 1 person

    1. daneelyunus says:

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      Liked by 1 person

  2. How interesting, I enjoyed reading this post. Thank you for sharing 😊

    Liked by 1 person

    1. daneelyunus says:

      Most welcome, thanks for appreciation and reading my post 😊

      Liked by 1 person

      1. It’s always a pleasure πŸ’«βœ¨

        Liked by 1 person

      2. daneelyunus says:

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  3. Ena says:

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    Liked by 1 person

    1. daneelyunus says:

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