Question

The system of issuing and monitoring money called

Answer 1

the process by which monetary authority of a country , generally 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.[1] In India, the central monetary authority is the Reserve Bank of India (RBI). It is so designed as to maintain the price stability in the economy. Other objectives of the monetary policy of India, as stated by RBI, are:-

Answer 2

Answer:

Minimum Reserve Ratio

Explanation:

• RBI governs the issuing and monitoring of the funds from banks as a central bank rule and regulation the minimum reserves.

• Normally they are in the form of cash which influencing the country’s borrowing and interest rates etc.

• Thus the ratio is an important tool of monetary policy and plays a crucial value for the main objective of minimum reserves is the stabilization of money in markets.