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  • Question

  • What is the basic objective of monetary policy?


  • Correct Answer
  • Monetary policy is the process by which the monetary authority of a country, typically the central bank or currency board, controls either the cost of very short-term borrowing or the monetary base, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency The basic objective of monetary policy is to assist the economy in achieving a full-employment, noninflationary level of total output Cause-effect chain: Changes in the money supply affect interest rates, which affect investment spending and therefore aggregate demand 

    • Tags: Analyst, Bank Clerk, Bank PO

    More questions

    • 1. First Olympic Games were held in

    • Options
    • A. 876 BC
    • B. 798 BC
    • C. 776 BC
    • D. 898 BC
      • Discuss
    • 2. The minimum age required to become the prime minister of India is


    • Options
    • A. 25 years
    • B. 30 years
    • C. 40 years
    • D. 35 years
      • Discuss
    • 3. India reached the final of the Davis Cup for the first time in...?

    • Options
    • A. 1964
    • B. 1966
    • C. 1970
    • D. 1974
      • Discuss
    • 4. Which of the following is tropical grassland?


    • Options
    • A. Taiga
    • B. Savannah
    • C. Pampas
    • D. Prairies
      • Discuss
    • 5. Indian Cancer Research institute is located at

    • Options
    • A. New Delhi
    • B. Calcutta
    • C. Chennai
    • D. Mumbai
      • Discuss
    • 6. The ratio of land to ocean in the southern hemisphere is

    • Options
    • A. 1 to 1.5
    • B. 1 to 1
    • C. 1 to 4
    • D. 1 to 10
      • Discuss
    • 7. How many players are there in Water Polo team?

    • Options
    • A. 4
    • B. 5
    • C. 6
    • D. 7
      • Discuss
    • 8. Gangubai hangal is the name associated with

    • Options
    • A. Literature
    • B. Music
    • C. Journalism
    • D. Environment
      • Discuss
    • 9. The largest production of mica in Asia is from


    • Options
    • A. Indonesia
    • B. Malaysia
    • C. Myanmar
    • D. India
      • Discuss
    • 10. Plants synthesis protein from

    • Options
    • A. starch
    • B. sugar
    • C. amino acids
    • D. fatty acids
      • Discuss

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