RBI Monetary Policy Subject :Economy Context: A premature pause in monetary policy action would be a costly policy error at this juncture, the RBI governor stated in the MPC minutes. Concept: Monetary policy  It refers to the use of monetary instruments under the control of the central bank to regulate magnitudes such as […]

Subject: Economy Context: Amid rising inflation and growth contraction, MPC had decided to leave the repo rate unchanged. Concept: Monetary policy refers to the use of monetary instruments under the control of the central bank to regulate magnitudes such as interest rates, money supply and availability of credit with a view to achieving the ultimate […]