The Role of Monetary Policy in Economic Development: A Study of the Activities of Reserve Bank of India, 1949-56 |
Contents
Introduction | 1 |
Objectives of Monetary Policy in Economic | 21 |
The Reserve Bank and the Money Market | 64 |
Copyright | |
7 other sections not shown
Common terms and phrases
activities agency bank advances Bank of India bank rate bank reserves Bank's Banking Companies banking system bill market scheme Bombay borrowing busy season Calcutta cent central bank commercial banks cooperative banks crores Currency and Finance debentures devaluation discount economic development economists effects expansion export factors financial assets financial institutions financial intermediaries Five Year Plan foreign funds Gadgil Government of India government securities hoarding hundi Ibid important increase Indian banks Indian money market indigenous bankers industrial finance inflation interest rates International Monetary Fund investment lending limited liquidity loans long-term market in India ment million monetary authority monetary policy money supply needs objective open-market operations output problem production promissory notes rate of interest real growth reason rediscounting reduced Report on Currency Reserve Bank reserve ratios result rise rupee savings scheduled banks selective credit controls short-term situation tion trade Treasury bills underdeveloped countries