Economics

What are the objectives of monetary policy in developing economy?

Posted by daneelyunus on

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:
    August 20, 2020 at 4:26 pm

    You have elaborated very nicely 👍

    Liked by 1 person

    Reply
    1. daneelyunus says:
      August 20, 2020 at 4:29 pm

      Thanks for appreciation and reading my post 😊

      Liked by 1 person

      Reply
  2. Hannah Gandhi says:
    August 20, 2020 at 8:15 pm

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

    Liked by 1 person

    Reply
    1. daneelyunus says:
      August 20, 2020 at 8:47 pm

      Most welcome, thanks for appreciation and reading my post 😊

      Liked by 1 person

      Reply
      1. Hannah Gandhi says:
        August 20, 2020 at 9:07 pm

        It’s always a pleasure 💫✨

        Liked by 1 person

      2. daneelyunus says:
        August 21, 2020 at 4:07 pm

        😊😊

        Like

  3. Ena says:
    August 20, 2020 at 10:11 pm

    Thanks for choosing to follow my blog! I truly appreciate your support!

    Liked by 1 person

    Reply
    1. daneelyunus says:
      August 21, 2020 at 4:07 pm

      Most welcome 😊

      Liked by 1 person

      Reply

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