Monetary Policy is a regulatory policy by which the -------or monetary authority of a country controls the supply of money, availability of bank credit and cost of money that is the rate of interest:
A)central bank (rbi)
B)sbi
C)iba
D)none of these

Question

Quizplus · Accepted Answer

Monetary policy is conducted by a country's central bank or monetary authority, which in India is the Reserve Bank of India (RBI). This policy involves managing the money supply and interest rates to influence economic activity.

Monetary Policy Is a Regulatory Policy by Which the -------Or