About this document
Evolution of India by Farhaan Gul is a document available to read on EtoBox.
The document summarizes the evolution of monetary policy in India since independence in four periods: 1) Initial Formative Period (1947-1963) characterized the RBI as having a supplementary role to the Planning Commission with an emphasis on planned growth and price stability. 2) Period of High Intervention and Banking Expansion (1964-1984) saw radical changes with highly regulated interest rates, priority sector lending, and deficit financing leading to high money supply growth and inflation. 3) New Re
- Author
- Farhaan Gul
- Language
- EN