Title: Monetary Policy

Essay Details

Subject: Business
Author:
Date: October 4, 2013
Level: University
Grade: A
Length: 7 / 2047
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

Moreover, key monetary and banking aggregates such as money supply, bank credit and aggregate deposits posted growth, well above their respective targeted growth rates. Thus, moderation in the monetary expansion in consonance with the outlook on growth and inflation to ensure macroeconomic and financial stability in future became top agenda for RBI...

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Price management, undoubtedly, is one of the biggest policy challenges facing the RBI now. With headline inflation based on the point-to-point wholesale price index at more than seven percent, maintaining price stability is of utmost importance. With elections to the Indian parliament drawing closer, much of the overall policy focus in the coming months will be on reducing prices...

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