Asian Journal of Management

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Effect of Monetary Policy in the Economic Development of India


Affiliations
1 Durga Mahavidyalay, Raipur, India
2 Govt. E.V.P.G. College, Korba, India
     

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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.
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  • Puri V.K. and Mishra S.K. "Indian Economy" 31st revised edition 2013.

  • Rana K.C. and Verma K.N. "Macro Economic Analysis" Vishal Publication, Jalandhar 2003

  • Vaish M.C. "Macro Economics Theory" Vikash Publishing House, Noida 2010.

  • Mithani D.M., Money, Banking, International Trade and public finance. (16th Edition 2008), Himalaya Publishing House, Mumbai.


Abstract Views: 567

PDF Views: 2




  • Effect of Monetary Policy in the Economic Development of India

Abstract Views: 567  |  PDF Views: 2

Authors

Lalita Agrawal
Durga Mahavidyalay, Raipur, India
Madhulika Agrawal
Govt. E.V.P.G. College, Korba, India

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.

References