Which of the following economic policies influences the total quantity of money, interest rates and total volume of credit in the economy?

Fiscal Policy

No worries! We‘ve got your back. Try BYJU‘S free classes today!

International Trade Policy

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Prices and Incomes Policy

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Monetary Policy

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is D Monetary Policy
Monetary policy refers to various central bank policies which includes both qualitative as well as quantitative measures that regulates various factors that influence domestic currency directly or indirectly like money supply, interest rates and credit availability in the economy.

Suggest Corrections

Similar questions

Q. Monetary Policy is the policy of the ______ to control money supply and credit creation in the economy.

Discuss the trade and investment policy reforms introduced under the new economic policy.

Q. Which of the following is/are key policy rates used by RBI to influence interest rates?
A. Bank Rate and Repo Rate
B. Reverse Repo Rate
C. CRR and SLR

Q. Which of the following external factors influences capital structure?
I. Level of interest rates
II. Level of stock prices
III. Dilution of value
IV. Tax policy on interest and dividends
Of these:

37. Which of the following organizations looks after matters concerning policy, planning and operations in the field of credit for agriculture and other economic activities in rural areas in India?

Join BYJU'S Learning Program