125k views
4 votes
Discuss monetary policy in India.​

User Ricmarchao
by
7.6k points

1 Answer

3 votes

Answer:

Monetary policy is the process by which the monetary authority of a country, generally the central bank, controls the supply of money in the economy by its control over interest rates in order to maintain price stability and achieve high economic growth.

User OrangeTux
by
8.3k points