Monetary policy refers to the policy of the central bank with regard to the use of monetary instruments under its control to achieve the goals specified in the Act. The Reserve Bank of India (RBI) is vested with the responsibility of conducting monetary policy. This responsibility is explicitly mandated under the Reserve Bank of India Act, 1934.

In This Video, we will discuss:
1. Monetary policy instrument
2. Quantitative V.s Qualitative instruments
3. Cash Reserve ratio
4. Statutory liquidity ratio
5. Open market operations


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