A prerequisite for achieving the objectives of monetary policy is

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Achieving financial stability is a necessary condition for monetary policy to achieve its objectives. Financial stability ensures that financial markets function normally and allocate capital resources and risk, which are crucial for sustainable economic growth. Without financial stability, monetary policy may not be effective in achieving its objectives, such as controlling inflation and promoting economic growth. The other options listed are either not directly related or not sufficient for achieving the objectives of monetary policy.

A Prerequisite for Achieving the Objectives of Monetary Policy Is