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What is Monetary Policy about?

Monetary policies enacted by central banks like the Reserve Bank of India can impact the overall economy in several ways. By adjusting interest rates and money supply, monetary policies can influence inflation rates, job growth, exports and imports, and savings levels. Recently, the RBI lowered key policy rates like the cash reserve ratio and repo rate in order to increase liquidity and make credit more accessible for businesses and individuals. This is expected to boost sectors like real estate and automob

Author

Ishpreet Singh Bagga

Language

EN