Monetary policy refers to various decisions and measures of the monetary authorities, state and central bank, influencing money supply and credit situation in the monetary system as a whole with a view to full fill certain macro economic goals.
Monetary
Policy And Economic Development:
1. Economic
development needs the support of credit planning
2. Improving
the efficiency of banking system
3. Decide
interest rates
4. Public
debt management
Monetary policy refers to various decisions and
measures of the monetary authorities, state and central bank, influencing money
supply and credit situation in the monetary system as a whole with a view to
full fill certain macro economic goals. It deals with the cost of credit and
the availability of credit. Monetary policy is the attempt by the government or
its agent, the central bank, to manipulate monetary variables such as the rate
of interest or the money supply to achieve policy goals.
Tags : Managerial Economics - Monetary Policy
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