International Research journal of Management Science and Technology

  ISSN 2250 - 1959 (online) ISSN 2348 - 9367 (Print) New DOI : 10.32804/IRJMST

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ROLE OF MONETARY POLICY IN INDIAN ECONOMY

    1 Author(s):  AVTAR SINGH JADOUN

Vol -  7, Issue- 10 ,         Page(s) : 98 - 104  (2016 ) DOI : https://doi.org/10.32804/IRJMST

Abstract

In every country government takes some actions in Economic field that cover the systems for setting Interest Rates & Government Budget as well as labor market, National ownership & many other areas of government interventions into the Economy. Such policies are often influenced by International Institutions like IMF or World Bank as well as political beliefs & consequent policies of parties. There are many types of Economic policy. A few examples of the kind of economic policies that exist include: Macro Economic Stabilization Policy, Individual Policy, Fiscal Policy and Monetary Policy. In this paper we will study whether the monetary policy really a helpful technique in combating Inflation in country like India or not?

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