Objectives of RBI’s Monetary Policy
Objectives of the monetary policy in India have gone through a process of gradual evolution and have included price stability, ensuring adequate flow of credit to various productive sectors of the economyeconomy and achieving financial stability. The policy stance is based upon the assessment of the macroeconomic and financial conditions and monetary measures. The statements reflect the changing circumstances and priorities of the RBI and a thrust for the future.
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Reserve Bank of IndiaThe Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934 with ..... announces Monetary Policy every year in the Month of April.
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This is followed by three quarterly Reviews in July, October and January.
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But, RBI at its discretion can announce the measures at any point of time.
The Annual Monetary Policy is made up of two parts
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Part A: macroeconomic and monetary developments
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Part B: Actions taken and fresh policy measures.
Monetary policy of the RBI deals with almost all other vital topics such as financial stability, financial markets, interest ratesWhen a person borrows some money from another person, this money comes at an interest which can also be called the "Opportunity Cost" of the ....., credit deliveryPresentation of securities with transfer deeds in fulfillment of a transaction. , regulatory norms, financial inclusionThe Inclusive Meaning of Financial Inclusion
Financial Inclusion or Inclusive Finance refers to the delivery of financial services (Not only Banking) at an affordable cost to ..... and institutional developments etc.
