What is meant by monetary policy ........

Finance (RBI) Reserve Bank of India

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What is meant by monetary policy?

The process by which the Parliament controls the money supply

The process by which the central bank or monetary authority of a country controls the supply of money

The process by which International Market controls the money supply

None of the above

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Explanation:

Monetary policy is the process by which the monetary authority of a country, generally the central bank, controls the supply of money in the economy by its control over interest rates in order to maintain price stability and achieve high economic growth.