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  • Monetary Policy

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    Gauri ShankharH
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    The document discusses India's monetary policy and the tools used by the Reserve Bank of India (RBI) to implement it. It notes that monetary policy is set by the RBI to improve the economy, unlike fiscal policy which is set by the government. It describes the Monetary Policy Committee that meets every six weeks to set policy and its members, which include both RBI and government-appointed economic experts. Finally, it outlines the quantitative and qualitative monetary policy tools used by the RBI, such as repo and reverse repo rates, cash reserve ratios, and open market operations.

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    Details about the monetary policy committee

    Original Title

    Monetary policy

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    The document discusses India's monetary policy and the tools used by the Reserve Bank of India (RBI) to implement it. It notes that monetary policy is set by the RBI to improve the economy, unlike fiscal policy which is set by the government. It describes the Monetary Policy Committee that meets every six weeks to set policy and its members, which include both RBI and government-appointed economic experts. Finally, it outlines the quantitative and qualitative monetary policy tools used by the RBI, such as repo and reverse repo rates, cash reserve ratios, and open market operations.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    12 views6 pages

    Monetary Policy

    Uploaded by

    Gauri ShankharH
    The document discusses India's monetary policy and the tools used by the Reserve Bank of India (RBI) to implement it. It notes that monetary policy is set by the RBI to improve the economy, unlike fiscal policy which is set by the government. It describes the Monetary Policy Committee that meets every six weeks to set policy and its members, which include both RBI and government-appointed economic experts. Finally, it outlines the quantitative and qualitative monetary policy tools used by the RBI, such as repo and reverse repo rates, cash reserve ratios, and open market operations.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 6

    MONETARY

    POLICY
    - Gauri Shankhar H
    MONEY FLOW CONTROL

    GOVERNMENT RBI
    (FISCAL POLICY) (MONETARY POLICY)

    Fiscal policy - Policy made by GoI for for the improvement of economy eg:
    Budget
    Monetary policy - Policy made by Reserve bank for the improvement of
    economy eg: RR, RRR, CFF, SLR

    2
    MONETARY POLICY COMMITTEE:

    defined under section - sec 2 (iii) CCI of RBI act 1934

    frequency: 6 month

    45 days

    Urijit patel committee

    2 month (Bi-monthly
    monetary policy)
    3
    MONEY FLOW CONTROL

    3 RBI MEMBERS 3 GOI APPOINTED

    Governor - Shaktikant Das


    Prof. Jayanth R. Verma
    Deputy Governor - Michael
    Debabrata Patra Dr. Ashima Goyal

    Executive director - Mridul K.Saggar Dr. Shashanka Bhide

    4
    MONETARY POLICY TOOLS

    Quantitative tools Qualitative tools

    Quantitative tools Quantitative tools

    CRR (cash RR (repo rate)


    reserve ratio) RRR (reverse repo rate)
    SLR (statutory Bank rate
    liquidity ratio) MSF (marginal standing
    Refinance facility)
    facility Open market operation
    Market stabilizing scheme 5
    THANK YOU
    FOR
    LISTENING

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