What is the function of monetary policy?

The function of monetary policy is to control liquidity, growth, inflation by managing interest rates and supply of money.You can read about The Reserve Bank of India: Functions and Composition in the given link.

Further readings:

  1. Non Performing Assets (NPA) – Facts for UPSC GS-III
  2. Topic-Wise GS 3 Questions for UPSC Mains

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