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Monetary Policy RBI and Monetary Policy in India
Monetary Magnitudes ,[object Object],[object Object],[object Object],[object Object],[object Object]
Growth of M 3  and Differential Contribution of Components ,[object Object]
What is Monetary Policy? ,[object Object],[object Object],[object Object],[object Object]
Credit Policy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Aims of Monetary policy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Price Stability: The Dominant Objective ,[object Object],[object Object],[object Object],[object Object]
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Operation of Monetary Policy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Instruments of Monetary Policy ,[object Object],[object Object],[object Object],[object Object],[object Object]
Variations in Reserve Ratios ,[object Object],[object Object],[object Object]
Discount Rate (Bank Rate) ,[object Object],[object Object],[object Object],[object Object],[object Object]
Open Market Operations (OMOs) ,[object Object],[object Object]
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In general, the interaction between monetary and fiscal policy occurs To control inflationary or deflationary impact of fiscal policy For instance, a substantial multi-year rise in the deficit need not cause an increase in inflation was demonstrated in USA: Between 1979-85……budget deficit rose from 2.7% of GDP to 5.1% of GDP……national debt rose from 26% of GDP to 36% of GDP  ,[object Object],[object Object]
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Monetary policy

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