Asian Journal of Management

  • Year: 2014
  • Volume: 5
  • Issue: 4

Effect of Monetary Policy in the Economic Development of India

  • Author:
  • Lalita Agrawal1,, Madhulika Agrawal2
  • Total Page Count: 2
  • DOI:
  • Page Number: 380 to 381

1Durga Mahavidyalay, Raipur

2Govt. E.V.P.G. College, Korba

Abstract

Monetary policy plays a significant role in maintaining economic activities of the countries. Prevailing economic situation is the result of monetary policy strategy and an appropriate monetary policy will be an aid of economic growth it controls the economy situation of the countries with the help of their different control measures to attain the low inflation, price stability and full employment. In monetary economics, control of money supply refers to control of the supply of currency and deposit money.

Keywords

Monetary Policy, Money Supply, Financial Condition, Price Stability, Economic Growth, Inflation and Deflation