These changes pose serious challenges in the conduct of monetary policy. Depending on the particular situation facing the Indian economy at a particular time, RBI has been changing its monetary policy stance from time to time. The monetary policy is formulated in view of the estimated rat...
Moreover, there are also contemporary examples that point in a similar direction. These include the ISIS project to launch a tri-metallic currency system in order to challenge Western money; the accumulation of gold holdings (by states like China, Russia, India and Turkey) because it represents ...
Monetary Policy is a strategy used by the Central Bank to control and regulate the money supply in an economy. It is also known as credit policy. In India, the Reserve Bank of India looks after the circulation of money in the economy. There are two types of monetary policies, i.e. exp...
These changes pose serious challenges in the conduct of monetary policy. Depending on the particular situation facing the Indian economy at a particular time, RBI has been changing its monetary policy stance from time to time. The monetary policy is formulated in view of the estimated rate...