Business Studies, asked by Kiran2497, 1 year ago

Which monetary authority implements monetary policy?

Answers

Answered by xtylishnaveed222
0

Explanation:

The RBI implements the monetary policy through open market operations, bank rate policy, reserve system, credit control policy, moral persuasion and through many other instruments. Using any of these instruments will lead to changes in the interest rate, or the money supply in the economy.

Answered by Anonymous
0

\Large{\underline{\underline{\bf{Answer:-}}}}

The RBI implements the monetary policy through open market operations, bank rate policy, reserve system, credit control policy, moral persuasion and through many other instruments. Using any of these instruments will lead to changes in the interest rate, or the money supply in the economy.

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